Friday, July 22, 2011

2010 Income Data to be Released in September

Household, family, and personal income data for 2010--collected by the Current Population Survey fielded in March 2011--will be released in September, says the Census Bureau.

Let's hope the figures show some improvement for the nation's peak earners and spenders, 45-to-54-year-olds. Between 1999 (the year household incomes peaked) and 2009, households headed by people aged 45 to 54 saw their median income fall 12 percent, after adjusting for inflation--from $73,248 in 1999 (in 2009 dollars) to just $64,235 in 2009, a decline of more than $9,000.

Did this beleaguered cohort--the backbone of the American economy--begin to recover in 2010? Stay tuned.

Source: Census Bureau

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