Poverty Rate Dropped Again In 2019; A Sign Of Progress 

Published Friday, September 25, 2020, 8:00 PM EST

Progress is like watching paint dry. The world changes right in front of us all but we easily miss the progress occurring right before our eyes! The annual report on poverty in the United States from the U.S. Census Bureau was released last week and shows that the poverty rate dropped again in 2019, to a new all-time low. Income and Poverty in the United States: 2019, issued September 2020, is based on data through 2019, before the Covid pandemic. The secular trend – the long-term perspective – shows progress is reason to be optimistic. While critics say the decline in the...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

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