The following chart shows the inflation adjusted average hourly earnings of production and nonsupervisory manufacturing employees (May 2012 dollars).
Click to enlarge.
Real hourly earnings are currently 12% below the peak hit in December of 1978.
Source Data:
St. Louis Fed: Real Manufacturing Hourly Earnings (May 2012 Dollars)
ICE Mortgage Monitor: Annual home price growth eased in March; "For-sale
inventory has been growing sharply across Florida"
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Today, in the Real Estate Newsletter: ICE Mortgage Monitor: Annual home
price growth eased in March
Brief excerpt:
Press Release: ICE Mortgage Monitor: H...
1 hour ago
2 comments:
Not to worry--Uncle Benron has interest rates far below the peak of 1981 or so. Its what makes us our way of life SAFE!!
Anonymous,
Bumper sticker idea:
Wage inconsistence? Borrow the difference!
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