Mind the gap: Income inequality, state by state
New report looks at where the growth in incomes of high-income families has outpaced that of middle- and low-income households.
By Jeanne Sahadi, CNNMoney.com senior writer
January 26, 2006: 6:11 PM EST
NEW YORK (CNNMoney.com) – You don't need to be a statistician to realize that economic growth in the past 20 years hasn't lifted everyone's boat equally.
The good news is that incomes across the board are up. But so is the income gap. That is, incomes for high-income families have risen faster than for everyone else.
But growth in the income gap has been greater in some states than in others, according to a report released Thursday by two liberal think tanks – the Economic Policy Institute and the Center on Budget and Policy Priorities.
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