No. 558: 2012 Household Income, August Housing Starts

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• At An 18-Year Low, 2012 Real Median Household Income Was Below Levels Seen in 1968 through 1974
• 2012 Income Variance Hit Record High,Suggestive of Greater Financial and Economic Crises Ahead
• Systemic Instabilities That Led to 2008 Crisis Still Have to Be Worked Through
• Housing Starts Continued in Renewed Downturn or Stagnation

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