Household Income for States Form

Instructions and help about Household Income For States

>>> U.S. CENSUS DATA SHOWS THE MEDIAN HOUSEHOLD INCOMES DROPPED IN 17 STATES LAST YEAR. THE DECLINE COMES AS INFLATION DRIVES UP THE COST OF GOODS AND SERVICES. JOINING US NOW IS AMY PEAKY. I HAVE NOT SPOKEN TO YOU IN A LONG TIME AND I AM STUMBLING ON YOUR NAME. IT IS PEAKY, LIKE PEAKY BLINDERS. SHE IS AN ASSOCIATE MANAGER FOR CBS MONEYWATCH. I AM SO SORRY ABOUT THAT, AMY. WHAT DID YOU FIND LED TO THE DECLINE IN THE MEDIAN HOUSEHOLD INCOME? >> THERE ARE TWO THINGS GOING ON. NUMBER ONE, THE END OF PANDEMIC BENEFITS IN 2022. WE HAD STIMULUS CHECKS, TAX CREDITS AND THAT PUT REAL DOLLARS IN PEOPLE'S POCKETS. THAT EXPIRED LAST YEAR. SECONDLY, THE IMPACT ON INFLATION. WE HAD THE HIGHEST INFLATION OF 40 YEARS LAST YEAR AND THE WAGES WERE NOT KEEPING UP. WE SAW THE MEDIAN HOUSEHOLD INCOME DECLINE AND IN 17 STATES, THAT WAS MEASURABLE. MOST STATES HAD NO SIGNIFICANT CHANGE AND MOST AMERICANS WERE FLATTED DOWN IN THEIR MEDIAN INCOME LAST YEAR. >> WHAT REGION