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Discussion Paper

Why Have Americans' Income Expectations Declined So Sharply?


Abstract: Data from the Thomson Reuters/University of Michigan Surveys of Consumers (Michigan survey) suggests that Americans' income expectations declined sharply in the 2008-09 recession and remain depressed.

https://doi.org/10.17016/2380-7172.0003

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2013-09-26

Number: 2013-09-26-3

Order Number: 2013-09-26-3