Who Benefits from Income and Wealth Growth in the United States? Thomas Blanchet, Emmanuel Saez, Gabriel Zucman, Department of Economics | University of California, Berkeley

“Realtime Inequality provides the first timely statistics on how economic growth is distributed across groups. When new growth numbers come out each quarter, we show how each income and wealth group benefits. Controlling for price inflation, average national income per adult in the United States decreased at an annualized rate of -2% in the third quarter of 2022, and average income for the bottom 50% shrunk by -2.4%. National income is similar to GDP and a better indicator of income earned by US residents. Visit the Methodology page for complete methodological details.”