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Why Have Americans' Income Expectations Declined So Sharply?

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  • Claudia R. Sahm

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.

Suggested Citation

  • Claudia R. Sahm, 2013. "Why Have Americans' Income Expectations Declined So Sharply?," FEDS Notes 2013-09-26-3, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2013-09-26-3
    DOI: 10.17016/2380-7172.0003
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    File URL: https://www.federalreserve.gov/econresdata/notes/feds-notes/2013/why-have-americans-income-expectations-declined-so-sharply-20130926.html
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