The Rich Get Richer: 2009-2011

Striking it Richer: The Evolution of Top Incomes in the United States (Updated with 2011 estimates)

Emmanuel Saez• January 23, 2013

From 2009 to 2011, average real income per family grew modestly by
1.7% (Table 1) but the gains were very uneven. Top 1% incomes grew by 11.2% while bottom 99% incomes shrunk by 0.4%. Hence, the top 1% captured 121% of the income gains in the first two years of the recovery.

 

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