Financial Times FT.com

Growth in US household incomes slows

By Andrew Balls in Washington

Published: February 23 2006 23:18 | Last updated: February 23 2006 23:18

The growth of US household incomes and net worth has slowed markedly in recent years compared with the 1990s, a Federal Reserve survey reported on Thursday.

Between 2001 and 2004, the median inflation-adjusted income in the US rose by 1.6 per cent before taxes, compared with 9.5 per cent growth in the three years to 2001.

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