By at least one measure, the great recession that started in December 2007 was officially recovered from by the time President Obama left office, the New York Times reports. 

According to Census Bureau figures released Tuesday, the median household income in America in 2016 was $59,039—an increase of 3.2%. That puts the median household income above where it was in 2007 before the recession hit. "

Real median household income has finally completed its nine-year slog of digging out of the ditch," one economist tells USA Today. And the Washington Post reports last year's median household income was the highest on record—beating out the previous high set in 1999. However, the Census Bureau changed its methodology in 2014, so the record isn't definitive.

Read the full story on Newser.com

More From Newser