American household income dropped nearly 5 percent in economic recovery

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“Research released Thursday by a firm created by two former Census Bureau officials revealed that U.S. median household income fell almost 5 percent from June 2009, when the last economic recession was said to have ended, through June 2012.  Americans age 55-64 took it on the chin during the post-recession period starting in June 2009, seeing household incomes plunge nearly 10 percent, according to data produced by Sentier Research (PDF). Younger Americans ages 25-34 also saw their incomes drop by nearly 9 percent.”

http://www.rawstory.com/rs/2012/08/24/american-household-income-dropped-nearly-5-percent-in-economic-recovery/

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