Business & Economy · 1 views

How the middle class was hollowed out from 1979 to 2022 , according to new federal data

The top 1% saw its share of household income double from 1979 to 2022, going from 9% to 18%, the CBO said.

Source fortune.com AI Summary Updated January 22, 2026

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Freshness Stale Updated January 22, 2026

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AI Summary

The top 1% saw its share of household income double from 1979 to 2022, going from 9% to 18%, the CBO said. The middle cohort saw the biggest decline.

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