Figure 7M

Poverty rate, actual and simulated, 1959–2012

Year Simulated Poverty Rate Actual Poverty Rate
Jan-1959 22.0% 22.4%
Jan-1960 21.9% 22.2%
Jan-1961 21.8% 21.9%
Jan-1962 20.6% 21.0%
Jan-1963 19.8% 19.5%
Jan-1964 18.6% 19.0%
Jan-1965 17.1% 17.3%
Jan-1966 15.4% 14.7%
Jan-1967 14.9% 14.2%
Jan-1968 13.7% 12.8%
Jan-1969 13.0% 12.1%
Jan-1970 13.3% 12.6%
Jan-1971 12.6% 12.5%
Jan-1972 11.1% 11.9%
Jan-1973 9.4% 11.1%
Jan-1974 9.9% 11.2%
Jan-1975 10.4% 12.3%
Jan-1976 8.7% 11.8%
Jan-1977 7.3% 11.6%
Jan-1978 5.5% 11.4%
Jan-1979 4.7% 11.7%
Jan-1980 5.3% 13.0%
Jan-1981 4.6% 14.0%
Jan-1982 5.9% 15.0%
Jan-1983 4.3% 15.2%
Jan-1984 1.6% 14.4%
Jan-1985 0.1% 14.0%
Jan-1986 -1.1% 13.6%
Jan-1987 13.4%
Jan-1988 13.0%
Jan-1989 12.8%
Jan-1990 13.5%
Jan-1991 14.2%
Jan-1992 14.8%
Jan-1993 15.1%
Jan-1994 14.5%
Jan-1995 13.8%
Jan-1996 13.7%
Jan-1997 13.3%
Jan-1998 12.7%
Jan-1999 11.9%
Jan-2000 11.3%
Jan-2001 11.7%
Jan-2002 12.1%
Jan-2003 12.5%
Jan-2004 12.7%
Jan-2005 12.6%
Jan-2006 12.3%
Jan-2007 12.5%
Jan-2008 13.2%
Jan-2009 14.3%
Jan-2010 15.1%
Jan-2011 15.0%
Jan-2012 15.0%
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Source: Authors' analysis of Current Population Survey Annual Social and Economic Supplement Historical Poverty Tables (Tables 2 and 4) and Bureau of Economic Analysis National Income Product Accounts public data. Analysis using Danziger and Gottschalk (1995)

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