U.S. News: Household Incomes Level Off --- Recession-Hit Paychecks Finally Stabilize, but Higher Poverty Rate Persists
Corrections & Amplifications</br></br>Chad and Erica Dryden have been late a couple of times on mortgage payments due to patchy income flows. A U.S. News article on Wednesday about the steadying of U.S. incomes incorrectly said the couple had missed mortgage payments.</br></br>(WSJ Septermber 19, 2013)</br></br>American incomes are no longer free-falling -- but they're not rising, either.</br></br>The income of the typical U.S. family stabilized last year for the first time since the recession, according to the Census Bureau's latest snapshot of U.S. living standards, released Tuesday. The levelling off follows four years of declines that pushed incomes to their lowest levels in nearly two decades.