The Census Bureau has released this report based on the March 1998 Current Population Survey. Given all the press in 1998 on America's booming economy, it should come as no surprise that the report contains good news. For the third consecutive year, households in the United States experienced an annual increase in their real median income while the poverty rate fell from 13.7 percent in 1996 to 13.3 percent in 1997. The statistical number of poor and the degree of income inequality, however, remain unchanged. The report offers several tables and the text of press releases which highlight national-level findings as well as income and poverty statistics for African-Americans, Asian and Pacific Islanders, and people of Hispanic Origin.