GiddyGap@lemm.ee to

News@lemmy.world · 1 year ago

Americans’ inflation-adjusted incomes rebounded to pre-pandemic levels last year

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Americans’ inflation-adjusted incomes rebounded to pre-pandemic levels last year

GiddyGap@lemm.ee to

News@lemmy.world · 1 year ago

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cross-posted to:
news@lemmy.world

Americans' inflation-adjusted incomes rebounded to pre-pandemic levels last year

The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans’ purchasing power.

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Flying Squid@lemmy.world
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1 year ago
So still shit, but slightly less shit?
- L0rdMathias@sh.itjust.works
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  1 year ago
  Basically. Now we’re back on the original downward trajectory instead of an uncontrolled death spiral.

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