Despite large and persistent gaps between blacks and whites on virtually every indicator of economic well-being, about half of all whites say the average black person is about as well off financially or doing better than the average white person, according to a survey released last week by the Pew Research Center.
Nearly nine-in-ten Americans now say having a secure job is essential to being in the middle-class; in 1991, it was homeownership.
High on Congress’ long to-do list is deciding what to do about Fannie Mae and Freddie Mac, the two giant government-run companies that dominate the nation’s mortgage market (together they accounted for 78% of all mortgage-backed securities issued in the first quarter of this year). Which is another way of saying, Congress has to decide […]
With the stock market hitting new highs and home prices marking their strongest gains since before the bubble burst, it’s starting to feel like a real economic recovery. But which is the better investment over time? That depends largely on your definition of “long term.” As the accompanying charts show, since the formal end of the […]
Tuesday’s report on the S&P/Case-Shiller home-price index showed a 9.3% increase between February 2012 and February 2013 — the biggest year-over-year increase in the 20-city composite index since before the housing bubble burst. Is housing, at long last, on the road to recovery? Many Americans already think so. A Pew Research survey in March found that 52% of people […]
The demographic data shown here display the varied population sizes and characteristics of the largest Asian origin groups. The numbers shown here come from two Census Bureau sources. The population rankings use counts from the 2010 Census for the total Asian-American population and for 20 Asian origin subgroups. The adult characteristics table is derived from […]
After running up record debt-to-income ratios during the bubble economy of the 2000s, young adults shed substantially more debt than older adults did during the Great Recession and its immediate aftermath—mainly by virtue of owning fewer houses and cars, according to a new Pew Research Center analysis of Federal Reserve Board and other government data. […]
*Visit the most recent data. This statistical profile of the Latino population is based on Hispanic Trends Project tabulations of the Census Bureau’s 2011 American Community Survey (ACS). Users should exercise caution when comparing the 2011 estimates with estimates for previous years. Population estimates in the 2011 ACS are based on the latest information from […]
*Visit the most recent data. This statistical profile of the foreign-born population is based on Hispanic Trends Project tabulations of the Census Bureau’s 2011 American Community Survey (ACS). Users should exercise caution when comparing the 2011 estimates with estimates for previous years. Population estimates in the 2011 ACS are based on the latest information from […]
The Great Recession seems to have accelerated the tendency of today’s young adults – sometimes labeled the “boomerang generation” – to move out of the family house for a time and then boomerang back.