48 states saw a decline in growth of real median household income under Trump – including Pennsylvania, Wisconsin, Michigan, and Florida, four states widely regarded as the key electoral battlegrounds for 2020.
New analysis of government data shows that, since Donald Trump took office, inflation-adjusted income growth has slowed significantly across the U.S.
Middle-class incomes grew at a rate of 2.7 percent from 2016 through 2018, compared to a 5.8 percent growth rate from 2014 through 2016 when accounting for inflation. The new findings – from an EPI and Capital & Main analysis of the most recent U.S. Census data – offer a stark departure from Trump's characterization of how well middle-class Americans are faring as the country heads into the thick of its primary season. In his State of the Union speech last month, he declared his economy to be"the best it has ever been.
Between 2016 and 2018, real median household income declined in six states and the District of Columbia, which has three electoral votes. During the 2014-2016 Obama expansion, median household income declined in one state.
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