{"id":14960,"date":"2015-06-22T13:50:49","date_gmt":"2015-06-22T05:50:49","guid":{"rendered":"http:\/\/maddruid.com\/?p=14960"},"modified":"2015-06-22T14:01:48","modified_gmt":"2015-06-22T06:01:48","slug":"2779-household-income-distribution-from-his-2014","status":"publish","type":"post","link":"https:\/\/maddruid.com\/?p=14960","title":{"rendered":"[2779] Household income distribution from HIS 2014"},"content":{"rendered":"<p>The Department of Statistics has just released the 2014 Household Income Survey. I feel the survey is more comprehensive than the last one, although there are still a few improvements I would like to see made.<\/p>\n<p>Anyway, with the release, I thought I should update <a href=\"https:\/\/maddruid.com\/?p=11965\">an old chart<\/a> I drew some time back.<\/p>\n<p>Here is the latest household income distribution according to income brackets.\u00a0One household comprises of\u00a04.3 persons.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14963\" src=\"https:\/\/i0.wp.com\/maddruid.com\/wp\/wp-content\/uploads\/2015\/06\/2015-HIS-2014-income-distribution-by-income-groups.png?resize=580%2C398&#038;ssl=1\" alt=\"2009-2014 income distribution by income groups\" width=\"580\" height=\"398\" srcset=\"https:\/\/i0.wp.com\/maddruid.com\/wp\/wp-content\/uploads\/2015\/06\/2015-HIS-2014-income-distribution-by-income-groups.png?w=640&amp;ssl=1 640w, https:\/\/i0.wp.com\/maddruid.com\/wp\/wp-content\/uploads\/2015\/06\/2015-HIS-2014-income-distribution-by-income-groups.png?resize=300%2C206&amp;ssl=1 300w\" sizes=\"auto, (max-width: 580px) 100vw, 580px\" \/><\/p>\n<p>I will not go deep into it at the moment but I am bit curious at the strength of income growth since 2012. Specifically, I am thinking of the pace at which share of the lower brackets has come down since the last survey.<\/p>\n<p>I am less puzzled by the 2009 level because\u00a0a recession happened that year. Growth tends to be stronger post recession, versus other times, under normal circumstances\/recovery.<\/p>\n<p>I am thinking of correcting the charts for inflation later. Maybe that would make the three-survey comparison better and make the distribution less surprising.<\/p>\n<p>Yes, I know that the media has reported earlier that the median has grown to RM4,858 in 2014 from RM3,262 in 2012. But it was only after I saw the graphical representation that I realized how strong the growth was, which in turn, made me skeptical.<\/p>\n<p>If you are interested in the full spectrum of the 2014 household income distribution, here it is:<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14965\" src=\"https:\/\/i0.wp.com\/maddruid.com\/wp\/wp-content\/uploads\/2015\/06\/2015-HIS-2014-full-income-distribution-by-income-groups.png?resize=580%2C398&#038;ssl=1\" alt=\"HIS 2014 full income distribution by income groups\" width=\"580\" height=\"398\" srcset=\"https:\/\/i0.wp.com\/maddruid.com\/wp\/wp-content\/uploads\/2015\/06\/2015-HIS-2014-full-income-distribution-by-income-groups.png?w=641&amp;ssl=1 641w, https:\/\/i0.wp.com\/maddruid.com\/wp\/wp-content\/uploads\/2015\/06\/2015-HIS-2014-full-income-distribution-by-income-groups.png?resize=300%2C206&amp;ssl=1 300w\" sizes=\"auto, (max-width: 580px) 100vw, 580px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of Statistics has just released the 2014 Household Income Survey. I feel the survey is more comprehensive than the last one, although there are still a few improvements I would like to see made. Anyway, with the release, I thought I should update an old chart I drew some time back. Here is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[1565,1566],"class_list":["post-14960","post","type-post","status-publish","format-standard","hentry","category-economics","tag-household-income-survey","tag-income-distribution"],"_links":{"self":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/14960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14960"}],"version-history":[{"count":8,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/14960\/revisions"}],"predecessor-version":[{"id":14972,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/14960\/revisions\/14972"}],"wp:attachment":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}