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Census data show the economy strengthened in 2013, but too slowly to improve the living standards of many middle- and low-income Americans
by Robert GreensteinToday’s Census data provide fresh evidence that the economy strengthened in 2013, but too slowly to improve the living standards of many middle- and low-income Americans. Median household income did not rise significantly and remained 8.0 percent (or $4,497) below its level in 2007, before the Great Recession — and 8.6 percent below its level in 2000, before the 2001 recession.