#household-wealth

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Willie Wilson: Black Americans cannot wait hundreds of years for the wealth gap to close

The racial wealth gap between Black and white households has seen only incremental improvement since 1967.
Despite an increase in Black median wealth, it still falls behind the advances seen by other racial and ethnic groups.

5 Ways that Inequality Improved This Year

Inequality seems to be improving in America, according to recent reports from various government agencies.
Household wealth has increased, with the average American household seeing a $51,800 increase in wealth from 2019-2022.
Housing appreciation has been the main driver of wealth gain for Americans who own their homes.

U.S. household wealth soared to $161 trillion in the first quarter

American consumers resilience due to soaring household wealth despite rising borrowing costs.
Predictions of significant boost to U.S. consumer spending and GDP growth from higher stock and house prices.
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