See multiple perspectives from Axios, Reuters, and Washington Examiner at AllSides.com.
The report is released every three years, with this report encompassing 2019-2022. This latest survey offers insight into how the COVID-19 pandemic impacted the average American household’s financial situation and the impact of COVID-era economic policies.The report states that between 2019 and 2022, real median family income “rose a relatively modest 3 percent, while real mean family income grew 15 percent.
Why it matters: The pandemic-era actions of the government prevented a spiral of declining asset values, depleted savings and higher household debt. But the income gains were largest among the highest-earning families, and fastest among white families, with income at the median actually registering small declines for both Hispanic and Black families, the Fed found in its latest Survey of Consumer Finances, conducted every three years.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Financial influencer reveals luxury Facebook hack that will save you a fortuneThis viral almond milk hack will save you money
Baca lebih lajut »
Tesla Puts Crypto Operations on Hold, According to Quarterly Financial ReportLack of operations with cryptocurrencies on Tesla's balances is important sign for rest of market
Baca lebih lajut »
Dallas Fed report says Texas economy slows as summers get hotterThe summer heat may have cost the state’s economy $24 billion this year, according to Federal Reserve Bank of Dallas economists, who add that Texas is twice as vulnerable to heat-related economic slowdowns than the rest of the country.
Baca lebih lajut »
New report reveals surprising presidential candidates who will fight ESG, woke companiesResearchers at The Heartland Institute investigated the ESG policy platform for nearly all of the presidential candidates.
Baca lebih lajut »
‘A deplorable situation': Grand jury report reveals street paving challenges in the City of San DiegoThe report tilted “When Will My Street Be Paved? City of San Diego's Street Paving Challenges” reveals details from an investigation that dates back to…
Baca lebih lajut »
New report reveals BP and Shell divestment by small investors offset by mega-shareholder buysAny divestment from BP and Shell by investors is cancelled out by the top 20 mega-shareholders' acquisition of shares according to new report from the Center for Climate Crime and Climate Justice at Queen Mary University of London
Baca lebih lajut »