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Re:US inflation means families are spending $709 more per mo... by hikingsimulator on Sunday August 13, 2023 @03:52PM (#37113693)
Disposable income as an aggregate doesn't show a income-level class (my point). Unfortunately having up to date information on economic status given the income level is hard to get.
Re:US inflation means families are spending $709 more per mo... by twoodfin on Sunday August 13, 2023 @04:37PM (#37114181)
One reason is that in aggregate it doesn’t matter all that much: The differences between US means and medians for household financial stats are substantial but not overwhelming—and more importantly in this context, largely trend together.

https://fred.stlouisfed.org/graph/?g=17Pem

https://fred.stlouisfed.org/graph/?g=17Ped

Re:US inflation means families are spending $709 more per mo... by xyzzy123 on Sunday August 13, 2023 @10:09PM (#37116684)
If I am reading these graphs correctly, don't they support hikingsimulator's point? The mean has gone up but the median has gone down.
Re:US inflation means families are spending $709 more per mo... by twoodfin on Monday August 14, 2023 @06:14AM (#37119314)
Oops: The mean one is in current (nominal) dollars. Here’s the inflation-adjusted version:

https://fred.stlouisfed.org/graph/?g=17PWA