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Report: US Household Incomes Surge in 2015

New U.S. census data shows incomes for American families rose more than 5 percent in 2015, signaling what analysts are hailing as a turning point in the recovery from the global recession that began in 2007. The data, released Tuesday, shows the 5.2 percent gain reaching all geographical regions of the country and all age groups, ending eight years of stagnant incomes. It further shows that national poverty levels fell by 1.2 percent, shrinking by 3.5 million to about 8 percent -...

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