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Scott Lincicome shares a series of charts depicting recent income figures from the Congressional Budget Office and the Census Bureau. The data are inflation-adjusted, providing a comparative look at current U.S. income trends.
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Lincicome previously discussed how forecasts that China would overtake the U.S. economy have shifted as China’s outlook changed, detailed in an earlier analysis. He also highlighted a new NBER paper examining the recent loss of global influence for the U.S. dollar in a separate report. His recent focus expands to include trends in U.S. income data.