Falling Family Incomes
Mar 6th, 2006 | By Michael Shedlock | Category: Macro Economics
ACCORDING TO THE Federal Reserve Board's Survey of Consumer Finances over the 2001-04 period, the median value of real (inflation-adjusted) family income before taxes rose 1.6%, while the mean value fell 2.3%. These results stand in contrast to the strong and broad gains seen for the period between the 1998 ...read more
