Figure J
Average annual growth of various income measures, by time period
1947–1979 | 1979–2007 | 2007–2010 | |
---|---|---|---|
Per capita personal income (NIPA) | 2.6% | 1.7% | -1.3% |
Per capita cash market-based income (NIPA) | 2.4% | 1.3% | -2.6% |
Per capita transfer income (NIPA) | 4.9% | 2.6% | 7.0% |
Cash, market-based income for bottom 90% (Piketty and Saez) | 2.1% | 0.2% | -4.0% |
Source: Authors' analysis of data from Piketty and Saez (2013, updated) and Bureau of Economic Analysis National Income and Product Accounts (Table 2.1)
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