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Released: April 23, 2013
A Rise in Wealth for the Wealthy; Declines for the Lower 93%
An Uneven Recovery, 2009-2011
by Richard Fry and Paul Taylor
Overview
SDT-2013-04-wealth-recovery-0-1During the first two years of the nation?s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%, according to a Pew Research Center analysis of newly released Census Bureau data...
A Rise in Wealth for the Wealthy; Declines for the Lower 93%
An Uneven Recovery, 2009-2011
by Richard Fry and Paul Taylor
Overview
SDT-2013-04-wealth-recovery-0-1During the first two years of the nation?s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%, according to a Pew Research Center analysis of newly released Census Bureau data...