American incomes rose for second consecutive year under Obama

The 2016 census report underlines the strength of the economic recovery Obama oversaw after the worst recession in living memory

American incomes rose significantly for a second year in a row in 2016, bouncing back after the lost decade that followed the last recession.

The census report covers 2016, the last year of the Obama administration, and underlines the strength of the economic recovery he oversaw after the worst recession in living memory.

Related: Obama’s labour market report card: not bad, could have done better

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Read the original at Economics | The Guardian.