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Author:Kent, Ana Hernández 

Wealth and Its Distribution: A Look at Asian American Households in 2022

Asian Americans typically had more wealth than other racial or ethnic groups, and that wealth was spread across a diverse range of financial and nonfinancial assets.
On the Economy

The Real State of Family Wealth: Will COVID-19 Worsen Racial, Educational and Generational Gaps in the U.S.?

A new quarterly assessment tracks the pandemic’s impact on wealth trends by demographic groups.
On the Economy

Disparities by Race, Ethnicity and Education Underlie Millennials’ Comeback in Wealth

In 2019, older millennials were making relative gains in terms of wealth, but the gap between actual and expected median wealth varied by demographic characteristics.
On the Economy

The Uneven Heartland: A Look at Household Wealth in the Midwest and Southeast

Typical households in the St. Louis Fed District's seven states have had wealth levels lower than those in many other states, new local-level estimates show.
Open Vault

Report
Demographics of Wealth 2018, Essay No. 3: The Bigger They Are, The Harder They Fall: The Decline of the White Working Class

This essay explores the intersection of race, ethnicity and education, which we use as a proxy for class. We examine five measures of well-being between 1989 and 2016, the range spanned by the Federal Reserve's Survey of Consumer Finances.
Community Development Publications and Reports

Periodic Essay
First-Generation College Graduates Get a Financial Boost, but Don't Catch Up

The financial boost first-generation graduates get from college degrees isn't enough to overcome the head start having college graduate parents provides.
In the Balance , Issue 25 , Pages 1-8

Older Millennials Experience Pandemic Hardships Unequally

For those born in the 1980s, hardships during COVID-19 can vary greater because of one’s race, ethnicity or educational attainment.
On the Economy

Wealth Gaps between White, Black and Hispanic Families in 2019

Across education, family structure and generations, gaps persist between the wealth of white families and that of Black and Hispanic families.
On the Economy

The Economics of Child Care: A State-Level Analysis

An analysis examines data on the cost of child care for U.S. households, labor force participation among parents and child care workers’ wages by state.
On the Economy

Discussion Paper
Single Mothers Have Little Wealth to Withstand Outsized COVID-19 Impact

The second shows that single mothers had slim financial cushions going into the COVID-19 recession and had higher unemployment rates during the recession than single fathers and women without children.
Consumer & Community Context

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