Search results for: “middle class”

The economic status of a metropolitan area in 2014 does not necessarily signal the direction of its journey. Midland, TX, led the nation in the share of the population that was upper income in 2014 because it benefited from a boom in global oil prices. But the sharp decline in oil prices since 2014 may […]

The share of the American adult population that lives in middle-income households has fallen since 2000. The trend this century is the continuation of a long-running decline. An earlier analysis by the Pew Research Center, which looked at the period from 1971 to 2015, demonstrated that the middle class in the U.S. has been shrinking […]

The share of adults who lived in lower-, middle- or upper-income households varied markedly across U.S. metropolitan areas in 2014. While 51% of American adults overall were in the middle-income tier in 2014, the share was as low as 42% in Monroe, LA, and as high as 67% in Wausau, WI. Differences in the shares […]

Burkhauser, Richard V., Amy Crews Cutts, Mary C. Daly and Stephen P. Jenkins. 1999. “Testing the Significance of Income Distribution Changes Over the 1980s Business Cycle: A Cross-National Comparison.” Journal of Applied Econometrics, Vol. 14, No. 3. Cingano, Federico. 2014. “Trends in Income Inequality and its Impact on Economic Growth.” Paris, France: Organization for Economic […]