3.2% Income Growth from Q1 2014 Required to Keep Up in U.S. Economy
Wednesday April 29, 2015

StayingEven.com reports its initial estimate that 3.2% annual income growth was required for individuals to keep up in the U.S. economy during Q1 2015. This is significantly higher than the reported -0.1% increase in the consumer price index (CPI) compared to the year ago period and is based upon today’s Q1 “advance estimates” released by the government’s Bureau of Economic Analysis.  The 3.2% increase in the Staying Even Index (SEI) is based upon reported Q1 year-over-year nominal GDP growth of 3.9% and population growth of 0.7%. 

These projections suggest that individuals whose Q1 2015 total income from all sources grew by more than 3.2% from the same period in 2014 expanded their adjusted share of the U.S. economy, and those whose total income grew by less than this fell behind compared to the prior year.  As previously released, SEI growth for calendar year 2014 was 3.1%. 

StayingEven.com will publish updates to these figures as GDP and population estimates are revised over the coming months and as future quarter GDP estimates are released.  We are dedicated to helping individuals understand what income growth is required to keep up in the U.S. Economy. 

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