Behind John Lewis Edition was the free monthly magazine published by the online retail giant, Asos, which recorded a slight distribution rise on the previous six months, to 452,000, and a 0.5% year-on-year increase.
Another important thing to remember when looking at income studies over time is that as a society gets richer, the quintile boundaries in the distribution rise.
According to that report, between 1979 and 2005 the inflation-adjusted, after-tax income of Americans in the middle of the income distribution rose 21 percent.
Meanwhile, over the same period, the income of the very rich, the top 100th of 1 percent of the income distribution, rose by 480 percent.
Detailed estimates from the Congressional Budget Office — which only go up to 2005, but the basic picture surely hasn't changed — show that between 1979 and 2005 the inflation-adjusted income of families in the middle of the income distribution rose 21 percent.
I know from experience that even mentioning income distribution leads to angry accusations of "class warfare," but anyway here's what the (truly) nonpartisan Congressional Budget Office recently found: Adjusting for inflation, the income of families in the middle of the U.S. income distribution rose from $41,400 in 1979 to $45,100 in 1997, a 9percentt increase.
To add insult to injury, another Pew report, released this week, found that "during the first two years of the nation's economic recovery, the mean net worth of households in the upper 7 percent of the wealth distribution rose by an estimated 28 percent, while the mean net worth of households in the lower 93 percent dropped by 4 percent".
And according to an April Pew Research Center report, "During the first two years of the nation's economic recovery, the mean net worth of households in the upper 7 percent of the wealth distribution rose by an estimated 28 percent, while the mean net worth of households in the lower 93 percent dropped by 4 percent".
This was similar to a finding by the Pew Research Center last month: "During the first two years of the nation's economic recovery, the mean net worth of households in the upper 7 percent of the wealth distribution rose by an estimated 28 percent, while the mean net worth of households in the lower 93 percent dropped by 4 percent".
There appeared to be an approximate doubling of risk between the upper and lower halves of the distribution, rising to an over three-fold increase in BRCA1 and BRCA2 carriers.
The maximums for these distributions rise extremely above the surrounding bins.
