For First Time in 26 Years, All U.S. Metros Enjoyed Income Gains
Americans in every U.S. metropolitan area experienced economic prosperity in 2018, according to a recent report from the Bureau of Economic Analysis.
For the first time in 26 years, no metro area saw per-capita incomes fall that year -- the latest available data -- and it was only the fourth time since 1970 that every U.S. urban region experienced prosperity.
Americans in fewer than 6% of metropolitan areas have experienced uninterpreted gains in personal income since 1970. In contrast, as the country began to recover from the Great Recession in 2009, residents of 84% of metro areas saw incomes decline. A large number of areas saw significant decreases in 2013 and to a lesser extent in 2016....
Perhaps the one thing that will stop me from voting for Bloomberg is his news service it is really a pain in the neck to access, and after bouncing around everything I used up all my number articles I could read without reading anything I'm glad that SA found an alternate source for the article.
The administration's copying Franklin Roosevelt's deficit spending program certainly has help the stock market. Of course what goes up can come down.
True enough Carl, the mainstream media cannot publish any positive news if in any way, Republicans or President Donald Trump might use it for their credit. I think the left's academics are looking for ways to explain away this news, like saying that it means only that more rich people are living in cities, and poor people are being forced out (gentrification).
Yahoo should not only have this in their finance section but put this as front page news on their site. And I don't know why all the other media sites don't publish this great news to their readers. Oh, silly me! This is a result of the Trump economy.