News@lemmy.world · 1 year ago

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

apnews.com

cross-posted to:
news@lemmy.world

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

apnews.com

GiddyGap@lemm.ee to

News@lemmy.world · 1 year ago

cross-posted to:
news@lemmy.world

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

apnews.com

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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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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