Older adults are less likely than younger and middle-aged adults to say that in the past year they have cut back on spending; suffered losses in their retirement accounts; or experienced trouble paying for housing or medical care.
The boom-and-bust cycle in the U.S. housing market over the past decade and a half has generated greater gains and larger losses for minority groups than it has for whites, according to an analysis of housing, economic and demographic data.
From the kitchen to the laundry room to the home entertainment center, Americans are paring down the list of familiar household appliances they say they can't live without.
Comments on a report that combines findings of one of our major national public opinion surveys with the Center’s analysis of four decades of demographic and economic trends from the Census Bureau and other sources.
The eight-year period from 1999 through 2007 is the longest in modern U.S. economic history in which inflation-adjusted median household income failed to surpass an earlier peak.
In a Feb. 24 address to Congress, President Barack Obama vowed to tackle the problems at the root of the nation’s faltering economy. While there is general agreement among religious groups that strengthening the economy should be a top policy priority for the government, people of different faiths are divided in their support for addressing […]
Not even a housing-led recession can shake Americans' faith in the blessings of homeownership.
Those who say their homes are worth less than what they owe on their mortgages are generally younger, less affluent and more likely to be Hispanic or African American than are those who feel they would at least break even if they had to sell today.
Overview For the public, the continuing financial crisis has been overtaken by a jobs crisis. The proportion of Americans citing jobs or unemployment as the nation’s most important economic problem has more than quadrupled – from 10% to 42% – since early October and job worries now far surpass concerns over the financial crisis. People’s […]
The current recession is having an especially severe impact on employment prospects for immigrant Hispanics.