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Chart of the Day: A Productive US vs. the UK/Japan

Crews Bank & Trust Wealth Management Services Aug 2, 2023
chart shows the impact of inflation on income, countries included are Germany, UK, US, and Japan

Contents

Today’s Chart of the Day from Invesco’s mid-year outlook shows that high inflation is reducing household disposable income. A closer look shows another interesting note: $100 worth of income in the United States in 1999 is now $170 in 2022, an impressive 70% increase. This is not the case for the UK or Japan, which are only $115 and $110 respectively. The general consensus is that they are falling behind due to low productivity, versus the US which has the sixth highest productivity per hour in the world.
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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