Successful economies create opportunities for households to increase incomes.
They promote a rising standard of living and the opportunity for families to work and prosper in the state. After adjustment for inflation, Massachusetts median household income is little changed from its level during the 1993-1994 period. The state s median household income has risen slowly to the point that it has almost returned to its higher level during the 1993-1994 period. This stands in marked contrast to the performance of the other LTS and the U.S. as a whole. In general, growth among the LTS and the U.S. has been accelerating during the past three periods, while that of Massachusetts has been slowing.