Difference Between the Inflation Rate and Growth of Wages in the United States from 2019 to 2023
Difference between the inflation rate and growth of wages in the United States from 2020 to 2023
10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0%
10
9
8
6.10% 6.40%
7
6
5
4
3
Wages Inflation
2
1
0
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Series2
2019
2020
2021
2022
2023
Comparison between the trailing 12-month average Inflation Rate and the corresponding Growth of Wages. Source: U.S. Bureau of Labor Statistics.
20,500 20,000 19,500 19,000 18,500 18,000 17,500 17,000 16,500 16,000 15,000 Real Gross Domestic Product 15.5 16 16.5 17 17.5 18 18.5 19 19.5 20 20.5
Real Gross Domestic Product
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2019
2020
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2022
2023
Real Gross Domestic Product is the inflation adjusted value of the goods and services produced by labor and property located in the United States U.S. Bureau of Economic Analysis Units: Billions of Chained 2012 Dollars, Seasonally Adjusted Annual Rate
14 ARG Quarterly Barometer Q2 2023
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