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families changed notably in the three-year period. While income continued a moderate upward trend, net worth grew strongly, and … with 1995, debt repayments in 1998 accounted for a larger share of the income of the typical family with debt, and the …
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Data from the Federal Reserve Board's Survey of Consumer Finances show a striking pattern of growth in family income … among the group of families whose income was higher than the median. The median value of family net worth grew faster than … that of income, but as with income, the growth rates of net worth were fastest for groups above the median. The years …
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, while the accounting of household income from stock holdings may be skewing saving estimates. Moreover, broad measures of …
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growing and concentrating disproportionately among the nonwhite population. As the cost of living outpaces income and wealth …
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