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Real Median Usual Weekly Earnings: When the Deflator Matters


CPI – headline vs. CPI for wage earners and clerical workers:

FIgure 1: Median weekly usual real earnings, deflated using CPI (blue), using CPI for wage earners and clerical workers (red), both in logs 2025Q1=0. Source: BLS and author’s calculations.

This entry was posted on by Menzie Chinn.



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