Wages and Inflation Data

Real Median Household Income: This tracks the inflation-adjusted income for the household at the middle of the income distribution, meaning half of households earn more and half earn less. This measure accounts for price changes over time, providing a clear view of whether the typical American household’s purchasing power is actually improving or declining. It’s a key indicator of broad-based economic wellbeing and living standards across the country.

Inflation Rate: This measures the annual rate of price changes across the economy, showing how quickly prices are rising (or falling) for goods and services compared to the previous year. The inflation rate captures the pace at which the purchasing power of a dollar is eroding or being preserved, directly impacting household budgets and economic decision-making.