Median household income has declined 9% since its peak, and unlike the US as a whole, is not recovering.
Added:
Here are two more indicators about West Virginia mining dollars, which looked to be on the upswing in the last couple of years:
It's too bad that figures for 2018 WV are not available yet. Whether or not there was an increase would tell us whether Trump was able to fulfill his promises of economic recovery there.
ReplyDeleteCheers
I'll let you know when they are. Meanwhile, mining earnings in West Virginia are available through 4Q18, and they've been increasing since 2016:
ReplyDeletehttps://fred.stlouisfed.org/series/WVEMIN
(I can't embed graphs in comments.)
And here's real GDP from mining in WV, through 4Q18, more variable:
ReplyDeletehttps://fred.stlouisfed.org/series/WVMINRQGSP
I added these graphs to the post.
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