Tuesday, September 24, 2013
Are Median Family Income Trends Different In The US And Canada?
This article looks at the data in Canada and the US shows that the answer to question depends upon how you look at the data. If you look at long term trend lines you get a different than you do if you look at departures from trend in each country. A few simple graphs illustrate this issue very nicely. The long term trends show Canadian median incomes declining and US median incomes increasing. If one looks at recent trends it appears that Canadian median incomes are increasing and US median incomes are falling.