The economic fortunes of the wealthy and everyone else have diverged sharply in recent decades. It wasn’t always this way; from the end of World War II into the 1970s, income growth was shared equally among all segments of the population.
- Illustrating Income Inequality, Part 2: Top Earners Have Outpaced Rest Since 1979
- Illustrating Income Inequality, Part 3: Top 1 Percent’s Share of Income Largest Since 1920s
- A Guide to Statistics on Historical Trends in Income Inequality
A state-by-state examination finds that income inequality has grown in most parts of the country since the late 1970s. Over the past three business cycles prior to 2007, the incomes of the country’s highest-income households climbed substantially, while middle- and lower-income households saw only modest increases.
September 12, 2014
September 11, 2014
Revised April 17, 2014
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