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March 29, 2013

Median Household Income Down 7.3% Since Start of Recession

For the first time in over a year, median annual income fell by a statistically significant amount from the previous month, according to a report from Sentier Research.

Median annual household income in February 2013 was $51,404, about 1.1 percent (or $590) lower than the January 2013 level of $51,994. The numbers are all pretax, and are adjusted for both inflation and seasonal changes.”

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Read full New York Times article here

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