This question is about shrinking middle class statistics.

When did the middle class start shrinking?

By Zippia Team - Sep. 1, 2023

The most significant period of shrinking for the middle class started in 1999. While the middle class has shrunk by 18% since 1971, the most major changes have occurred within the past 20 years.

More specifically, the 2008 Recession had a devastating impact on the US middle class, and now inflation caused by the Pandemic and other factors threaten to shrink the middle class even more.

When did the middle class start shrinking?

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