4% Income Growth from 2017 Required to Keep Up in Growing US Economy
Saturday July 7, 2018

Based upon the US Government’s second estimate of Q1 2018 GDP, StayingEven.com’s second estimate of the Q1 2018 Staying Even Index (SEI) stayed at 4.0%.

This reading is significantly higher than the reported 2.2% year on year increase in the average consumer price index (CPI) in Q1, demonstrating that wages that increase with inflation/COLA are not sufficient to keep up in the growing U.S. economy. The 4.0% increase in the Staying Even Index (SEI) is based upon reported 2018 Q1 nominal year on year GDP growth of 4.7% and population growth of 0.7%.  

These projections suggest that individuals whose Q1 2018 total income from all sources grew by more than 4.0% from Q1 2017 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.   SEI growth for calendar year 2017 was 3.4%.  

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

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To find out whether you have gotten ahead, try our Staying Even Calculator, and to learn more about the Index, visit us at StayingEven.com.  You can also follow us @stayingeven on Twitter.