US economy marks longest expansion in American history"The US economy has grown for 121 consecutive months following the Great Recession, marking the longest economic expansion in American history.
The economy has been on a growth spurt since June 2009 and now surpasses the previous record expansion set between March 1991 and March 2001 before the dot-com bubble burst.
- ...In another positive sign, wage increases over the last three years have been healthiest among the lowest-paid workers — showing a narrowing of the wage gap between high and low earners.
- ...The wealth gap also shrank, as the proportion of income going to the poorest one-fifth of Americans rose from 6.4 percent in 2007 to 7.3 percent in 2015, the last year for which data is available..."
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