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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (25321)	11/11/2002 3:38:12 PM
From: energyplay	Read Replies (1) \| Respond to of 74559

Lumps in US income distribution - One of the big lumps is centered around the average manufacturing wage of about $14.00 / hour - 28k year. Another big pile around 45-50k. I remember looking at the graph and seeing about 5 humps and a bunch of dips in the distribution. Big pile of people between 110-150k, with a drop after that. That's about as much as you need to pay an individual contributor, unless they are an analog design engineer ;-) Above 150k you either an owner , manager, or execeptional in some way. This lumpiness is the reason a lot ot the marketing market segmentation is needed - who buys a BMW 3 series, 5 series, and 7 series is different, and sometimes less overlap than you would expect. Real estate boom is making a lot of new millionaries from landlords and people who have a a few real estate investments.