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Income, Wealth & Poverty

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Income, Wealth & Poverty

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    Economic Discontent Deepens as Inflation Concerns Rise

    Summary of Findings Public views of the U.S. economy, already quite negative, have plummeted since January. Just 17% currently rate the nation’s economy as excellent or good, down from 26% last month. The percentage of Americans rating the economy as “poor” has increased even more dramatically, from 28% to 45% in one month. Moreover, there […]

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    Blacks See Growing Values Gap Between Poor and Middle Class

    African Americans see a widening gulf between the values of middle class and poor blacks, and nearly four-in-ten say that because of the diversity within their community, blacks can no longer be thought of as a single race.

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    Nation’s Real Estate Slump Hits Wealthy Areas

    Summary of Findings Public assessments of the nation’s economy have fallen to a two-year low, and the nation’s economic outlook remains relatively gloomy. In particular, faced with a steady stream of negative news about the U.S. housing market, Americans are substantially less inclined than they were even a few months ago to say they expect […]

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    A Nation of “Haves” and “Have-Nots”?

    Over the past two decades, the number of Americans who see the country as divided along economic lines has increased sharply, and twice as many people now see themselves among the society’s “have-nots.”

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    Are Americans out of Sync with Economic Reality?

    Americans are far more optimistic than most real estate experts about the outlook for home prices but far more pessimistic than most economists and Wall Street watchers about the overall economic outlook.

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    Surge in Support for Social Safety Net

    Support for government programs to help disadvantaged Americans, as well as sympathy for the plight of the poor, have surged since 1994 and returned to levels last seen in 1990 prior to welfare reform, with gains occurring among virtually every major social, political and demographic group.

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    As Home Prices Cool Down, Homeowners Temper Their Optimism

    Despite a record drop this past year in the median sales price of existing homes, more than eight-in-ten homeowners expect the value of their homes to go up either “a little” (55%) or “a lot” (26%) in the future.