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Only the top-end-of-town in the US have seen real income gains since 1999

The US Census Bureau released the latest edition of the – Income and Poverty in the United States 2014 – yesterday (September 16, 2015) along with a treasure trove of Income data and Poverty data. The data comes from the 2015 Current Population Survey Annual Social and Economic Supplement. Enough detail to keep anyone of the streets for a considerable time! The data can tell a lot of stories if prompted in a variety of ways but what I was interested in exploring was the cyclical movement as the US economy started its recovery and is now, seemingly, reaching the end of the current upturn. Who has gained from the recovery in national income and to what extent have the massive losses incurred during the Great Recession been recovered? That is what the blog is about today. A data hunt!

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