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Middle class: Income and consumption trends Heather Boushey, Economist Center for Economic and Policy Research 21 March 2006.

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Presentation on theme: "Middle class: Income and consumption trends Heather Boushey, Economist Center for Economic and Policy Research 21 March 2006."— Presentation transcript:

1 Middle class: Income and consumption trends Heather Boushey, Economist Center for Economic and Policy Research 21 March 2006

2 Figure 1. Changes in income share by economic class Source: U.S. Census Bureau, Historical Income Tables, Table H2

3 Figure 2. Growth in inflation- adjusted family income Source: U.S. Census Bureau, Historical Income Tables, Tables F1 & F5

4 Figure 3. Inflation-adjusted median family income Source: U.S. Census Bureau, Historical Income Tables, Tables F1 & F5

5 Figure 4. The “two-income trap” Source: Warren and Tyagi, The Two-Income Trap, p. 51.

6 Table 1. Relative mobility, Comparing & Quintile at beginning of period Quintile at end of period Bottom Bottom Top Top Bottom49.4%53.3%3.3%4.3% Second Middle Fourth Top Source: Bradbury and Katz, 2002.

7 Figure 5. Annual hours of work in married families, 1979 & 2000 Source: Mishel, Bernstein, and Allegretto, 2004.


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