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1/1/2013: US Household Income: down 7.8% on January 2000

trueeconomics.blogspot.com / By Dr. Constantin Gurdgiev / January 2, 2013

Sentier Research have published analysis new series on the US Household Income data (see report here).

Topline analysis, quoted directly from the report (emphasis mine):

  • According to new data derived from the monthly Current Population Survey (CPS), real median annual household income in November 2012 was  $51,310,statistically unchanged from the October 2012 median of $51,134.
  • This is the second month in a row that real median annual household income has failed to show a statistically significant change. I
  • With the exception of a 0.7 percent increase between April and May, all of the other month-to-month changes in real median annual household income since January 2012 have not been statistically significant.

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