Most households own a combination of physical and financial assets. Physical assets include items such as a home, a car or jewelry. Financial assets include checking and savings accounts, retirement accounts, and stocks, among others. Our focus in this chapter is on the importance of the various assets to household portfolios and the debt households […]
28% of Americans rate economic conditions as excellent or good, a 9 percentage point increase from last April. And the share who say economic conditions will be worse a year from now has fallen during this timespan, from 46% to 33%.
Trump’s approval rating stands at 40%, and Americans mostly disapprove of his tariffs and government cuts.
In arguing for the ratification of the U.S. Constitution, James Madison wrote in the Federalist Papers that “the most common and durable source of factions has been the various and unequal distribution of property.” Because the study of public opinion is often the study of the political factions in society, polls need to be able […]
In this chapter, we focus on the differences in wealth between richer and poorer members of each racial and ethnic group we studied. Our key findings are: The range of wealth within racial and ethnic groups The wealth divide across poorer and richer households in the United States varies from one racial and ethnic group […]
The increase in the wealth of U.S. households from 2019 to 2021 was spread widely across racial and ethnic groups. Despite improved fortunes, Black, Hispanic and multiracial households trailed White and Asian households by large margins from the following perspectives, both before and after the pandemic: How wealth varies by race and ethnicity Asian households […]