Inflation-adjusted average weekly pay this year for production and nonsupervisory staff in the United States is 9% below the 1972 level, using 2019 dollars as per the chart above.

Michael Hennigan: The Finfacts economics site was launched in 1997. Average monthly page views of this blog are at 85,000.
2019 —
"Hat tip: Perhaps the most researched commentator on the Irish economy is a guy based in Kuala Lumpur. I've never come across any other Irish economist with a greater command of relevant Irish economic data, gov policies & economic history" — Paddy Cosgrave, Founder and CEO Web Summit.
Friday, October 25, 2019
Friday, October 18, 2019
Ireland has no post-Brexit economic plan
Leo Varadkar, the Irish taoiseach, gives Jean-Claude Juncker, European Commission president, a Thank You card from Ireland for the latter's support since the Brexit vote in June 2016, Brussels, February 6, 2019.
Ireland has no post-Brexit economic plan despite an Economic and Social Research Institute (ESRI) estimate last March that in an agreed deal scenario up to 45,000 fewer jobs would be created in a decade.
Thursday, October 10, 2019
Economic possibilities for our grandchildren with credit to Keynes
This article focuses on 100-year predictions made in 1930 by John Maynard Keynes (1883-1946), the British Depression-era economist, while challenges such as climate change, housing, automation and ageing are set to dominate the coming 100 years.
Wednesday, October 02, 2019
Change in the Irish media scene in 2019
RTÉ, the Irish state broadcaster, is “flat broke” according to one of its radio presenters last August; the Irish Times owns the two Irish-owned daily broadsheet newspapers while Mediahuis, the new Belgian owner of the Independent titles after successive control by two business entrepreneurs since 1973, will likely give a welcome greater European orientation to news at a time when the number of the Irish that leaned towards Euroscepticism has plunged, thanks to Brexit.
Tuesday, October 01, 2019
US foreign affiliates sell most output outside the United States
The majority-owned foreign affiliates of American multinational enterprises sell most of their output outside the United States according to data from the US Bureau of Economic Analysis.
Somebody should dare tell President Trump that the US may have a trade surplus with China!.