a new study from Sentier Research finds that four years after the start of the economic recovery, the median American household income is still down 4.4 percent. Incomes have risen a little since their recent trough in August 2011, but not enough to make up for the losses sustained earlier.
The declines were not distributed evenly. One of the more striking findings from the report was the variation in changes in median income by age group.
Read the full article at The New York Times.