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The week ahead in economics: Declining wages color incoming data

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One datapoint from last week’s economic news stood out: median household income has declined since the recession ended. As reported by the New York Times, a Sentier Research analysis of Current Population Survey data shows that the median U.S. household has experienced a 4.4 percent drop in the amount of pre-tax income since the official end of the recession in 2009. Although incomes are...