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Adam Tooze: U.S. per capita income growth driven by top earners
Higher per capita incomes in the U.S. are primarily a result of the growing gap between the top 10 percent of earners and the rest of the population, according to Adam Tooze. He observes that this divergence also sets the U.S. apart from other countries. More insights can be found in his Chartbook Top Links.
Tooze has recently noted a 25 percent rise in U.S. LNG exports alongside a 61 percent increase in natural gas prices during 2024. He also reported that global investors are moving away from U.S. financial markets due to Trump-related uncertainty. These developments provide further context for his latest observations on income distribution.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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