Change in real income 2021 for U.S. households by quintiles and top 5%

Summary Annual U.S. Census report on incomes reveals that household median income fell slightly and inequality widened in 2021 Inequality and the shrinking size of the middle class have persisted in the U.S. for half a century. These trends are driven by globalization and the decline of U.S. manufacturing as a share of GDP. Inflation-adjusted…