Decrease in median income from 2000-2006 in White American households: $745

State of the Union 2008: By the Numbers

WASHINGTON, Jan. 28 /PRNewswire-USNewswire/ -- President Bush is expected to address problems in the nation's economy while hailing the state of the union as strong tonight, but for Americans worrying about how to make ends meet, the country is headed in the wrong direction, according to numbers compiled today by the Campaign for America's Future.

ON INCOMES:
-- Median household income in 2000 (inflation-adjusted): $49,158
-- Median household income in 2006: $48,201
-- 8-year increase in median household income in 2001: $6,000
-- 6-year decrease in median household income in 2007: $1,100
[U.S. Census Bureau, 2000 - 2007]

-- Salary of a full-time minimum wage employee without vacation: $12,168
-- Average salary of a CEO of one of America's top 500 companies: $15.2 million
[Forbes Magazine, May 3, 2007]

-- Number of Americans living in poverty in 2001: 31.6 million
-- Number of Americans living in poverty in 2008: 36.5 million
[U.S. Census Bureau, Aug. 2007]

-- Amount more Americans earned than spent in 2001: +2.3 percent
-- Amount less Americans are earning than spending in 2008: -0.5 percent
[Bureau of Economic Analysis]

-- Total consumer credit debt in 2001: $7.65 trillion
-- Total consumer credit debt in 2008: $12.8 trillion
[Insurance Information Institute]

-- Decrease in median income from 2000-2006 in White American households: $745
-- Decrease in median income from 2000-2006 in African American households: $2,766
-- Decrease in median income from 2000-2006 in Hispanic American households: $1,043
-- Decrease in median income from 2000-2006 in Asian American households: $1,381
[U.S. Census Bureau. Aug. 2007]

ON HOUSING: [RealtyTrac. Dec. 19, 2007]
-- Percentage increase in home foreclosures in the last year: 68

ON JOBS: [Bureau of Labor Statistics.]
-- Total number of American manufacturing jobs in 2000: 17,263,000
-- Total number of American manufacturing jobs in 2006: 14,197,000
-- Number of American manufacturing jobs lost between 2000 and 2006: 3,066,000

-- Yearly average number of new private sector jobs created from 1992-2000: 1.76 million
-- Yearly average number of new private sector jobs created from 2001-2008: 369,000