Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

US incomes ‘fell more after than during recession’

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

AFP
October 10, 2011

US household incomes fell more in the two years following the end of the recession than during the downturn itself, according to a New York Times report published on its website.

A study by two former Census Bureau officials said inflation-adjusted income fell 6.7 percent, to $49,909, between June 2009 — when the recession ended — and June 2011, the newspaper said.

During the recession — from December 2007 to June 2009 — household incomes fell less than half of that, 3.2 percent, according to the report.

The bigger drop in the two years after the recession suggests why Americans feel a growing sense of anxiety about the nation’s economic prospects even as the economy has been growing since the recession ended.

Full article here

This article was posted: Monday, October 10, 2011 at 3:00 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
The Truth About the Michael Brown Shooting See the rest on the Alex Jones YouTube channel.

Cop: Get a Gun, We Can't Protect You From Ferguson Violence See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.