Published • loading... • Updated
Fed Reports Income up, Net Worth Diminished
The median American family’s real income rose 7% while top earners’ incomes fell, as Fed researchers said inequality eased after the pandemic.
Summary by Omaha World-Herald
4 Articles
4 Articles
Omaha World-Herald+2 Reposted by 2 other sources
Fed reports income up, net worth diminished
WASHINGTON — The exit from the COVID-19 pandemic raised incomes and wealth for most families, with income gains concentrated among the less well-off but more wealth flowing to the top 10%, a new Federal Reserve survey covering the 2022-2025 period…
·Omaha, United States
Read Full Article
The surprising post-pandemic drop in income inequality
Data: Federal Reserve Survey of Consumer Finances; Chart: Neil Irwin/AxiosMiddle- and lower-earners' inflation-adjusted incomes rose during the Biden years — but high earners saw their incomes fall.That's a surprising finding from one of the most thorough datasets on American household finances, released Friday morning by the Federal Reserve.Why it matters: The data sheds granular new information on a much-contested question: What happened to Am…
·Arlington, United States
Read Full ArticleCoverage Details
Total News Sources4
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
