INCOMES ARE BLOSSOMING!🌸

Data out today shows some good news out of the ole USA: wages are rising, poverty levels are down!πŸ“‰

The middle class IS shrinking, but that’s because there are more people rising into UPPER class than falling lower! How’s that for great news!πŸŽ‰

Interesting facts: Incomes are rising more for city inhabitants than rural. Almost every ethnic class has seen poverty levels drop this year (Asians the exception). Poverty levels are still worse than pre-recession but took a good step in the right direction the past year. πŸ˜€ Poverty levels remain much higher for Hispanics and African Americans than Whites. πŸ™

With higher wages typically comes higher inflation, and higher interest rates. Stay tuned!
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