Visit Business Insider's homepage for more storiesAt the start of the decade, the economy was just coming out of the depths of the Great Recession, when millions of Americans lost their jobs and homes after a housing market crash and financial crisis between 2007 and 2009. As the 2010s come to a close, a decade of more-or-less steady economic growth has slowly but surely brought unemployment to its lowest point in decades.
In 2010, the Census Bureau counted about 309 million Americans, rising to an estimated 327 million in 2018, the most recent year for which estimates are available.After the darkest days of the Great Recession in 2008 and 2009, gross domestic product, a broad measure of overall economic activity, grew at a steady rate throughout the decade.Business Insider/Andy Kiersz, data from FRED
Similarly to wages, total income growth for the typical household was mostly flat through the first half of the decade, but has accelerated over the last few years.Adjusted for inflation, the typical household's income was about 11% higher in 2018 than in 2010.Business Insider/Andy Kiersz, data from Census Bureau
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