China’s middle class surges, while India’s lags behind
China and India both succeeded in slashing poverty from 2001 to 2011. But while that contributed to a rapidly growing middle class in China, it did little to increase the number of Indians who could be considered middle income.
Black child poverty rate holds steady, even as other groups see declines
The share of American children living in poverty has declined slightly since 2010 as the nation’s economy has improved. But the poverty rate has changed little for black children, the group most likely to be living in poverty.
World Population by Income
How Many Live on How Much, and Where
A Global Middle Class Is More Promise than Reality
The first decade of this century witnessed an historic reduction in global poverty and a near doubling of the number of people who could be considered middle income. But the emergence of a truly global middle class is still far from fruition.
6 key takeaways about the world’s emerging middle class
During the first decade of this century, the world experienced a dramatic drop in the number of people living in poverty and a significant rise in the number who could be considered middle income, but the majority of the global population remains low income.
Car, bike or motorcycle? Depends on where you live
In asking people in 44 countries which of these they owned, we found notable differences between economically advanced nations, emerging markets and developing countries.
Are Americans ready for Obama’s ‘middle class’ populism?
Trends in public opinion are in line with Obama’s agenda: The priority given to deficit reduction has slipped somewhat, while public support for rebuilding the nation’s infrastructure has increased.
America’s ‘middle’ holds its ground after the Great Recession
The share of Americans who live in middle-income households has held steady since 2010 – a flat trend that might actually be good news.
Inequality is at top of the agenda as global elites gather in Davos
Income inequality will be a key topic of discussion for economic leaders meeting in Davos. Pew Research Center surveys also have shown that income inequality is a global cause for concern.
America’s wealth gap between middle-income and upper-income families is widest on record
The gap between America’s upper-income and middle-income families has reached its highest level on record. In 2013, the median wealth of the nation’s upper-income families ($639,400) was nearly seven times the median wealth of middle-income families ($96,500).