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Appendix IV
National Average Wage
Index from Social Security Administration
The following figure shows that
since 2000 the Inflation Adjusted Wage Index has increased at the approximate
rate of the 1951 to 2006 Trend Line.
Figure i
National average
wage indexing series, 1951-2006
Actual Data Used
|
Year |
Factor |
Index |
Inflation Adjusted Index - 2000 $ |
|
1951 |
6.611472 |
2,799 |
18,507 |
|
1952 |
6.488196 |
2,973 |
19,291 |
|
1953 |
6.436702 |
3,139 |
20,208 |
|
1954 |
6.391959 |
3,156 |
20,171 |
|
1955 |
6.417629 |
3,301 |
21,187 |
|
1956 |
6.322787 |
3,532 |
22,334 |
|
1957 |
6.120801 |
3,642 |
22,290 |
|
1958 |
5.954086 |
3,674 |
21,874 |
|
1959 |
5.912698 |
3,856 |
22,798 |
|
1960 |
5.813862 |
4,007 |
23,297 |
|
1961 |
5.756299 |
4,087 |
23,525 |
|
1962 |
5.699306 |
4,291 |
24,458 |
|
1963 |
5.626166 |
4,397 |
24,736 |
|
1964 |
5.553964 |
4,576 |
25,417 |
|
1965 |
5.4665 |
4,659 |
25,467 |
|
1966 |
5.312439 |
4,938 |
26,235 |
|
1967 |
5.152706 |
5,213 |
26,863 |
|
1968 |
4.945015 |
5,572 |
27,552 |
|
1969 |
4.687218 |
5,894 |
27,625 |
|
1970 |
4.434454 |
6,186 |
27,433 |
|
1971 |
4.247561 |
6,497 |
27,597 |
|
1972 |
4.115854 |
7,134 |
29,362 |
|
1973 |
3.875569 |
7,580 |
29,377 |
|
1974 |
3.491503 |
8,031 |
28,039 |
|
1975 |
3.200278 |
8,631 |
27,621 |
|
1976 |
3.024838 |
9,226 |
27,909 |
|
1977 |
2.840223 |
9,779 |
27,776 |
|
1978 |
2.639612 |
10,556 |
27,864 |
|
1979 |
2.371619 |
11,479 |
27,225 |
|
1980 |
2.089533 |
12,513 |
26,147 |
|
1981 |
1.894409 |
13,773 |
26,092 |
|
1982 |
1.783812 |
14,531 |
25,921 |
|
1983 |
1.7285 |
15,239 |
26,341 |
|
1984 |
1.657239 |
16,135 |
26,740 |
|
1985 |
1.599651 |
16,823 |
26,910 |
|
1986 |
1.569825 |
17,322 |
27,192 |
|
1987 |
1.515275 |
18,427 |
27,921 |
|
1988 |
1.455595 |
19,334 |
28,143 |
|
1989 |
1.388927 |
20,100 |
27,917 |
|
1990 |
1.317768 |
21,028 |
27,710 |
|
1991 |
1.264652 |
21,812 |
27,584 |
|
1992 |
1.227818 |
22,935 |
28,161 |
|
1993 |
1.192056 |
23,133 |
27,575 |
|
1994 |
1.161848 |
23,754 |
27,598 |
|
1995 |
1.130202 |
24,706 |
27,922 |
|
1996 |
1.09835 |
25,914 |
28,463 |
|
1997 |
1.073656 |
27,426 |
29,446 |
|
1998 |
1.056748 |
28,861 |
30,499 |
|
1999 |
1.034 |
30,470 |
31,506 |
|
2000 |
1 |
32,155 |
32,155 |
|
2001 |
0.972763 |
32,922 |
32,025 |
|
2002 |
0.957444 |
33,252 |
31,837 |
|
2003 |
0.935917 |
34,065 |
31,882 |
|
2004 |
0.911312 |
35,649 |
32,487 |
|
2005 |
0.881346 |
36,953 |
32,568 |
|
2006 |
0.854018 |
38,651 |
33,009 |