Sept. 9, 2014
Ray Boshara, William Emmons and Bryan Noeth of the St. Louis Fed's Center for Household Financial Stability discussed the most recent release of the Fed's Survey of Consumer Finances on the blogSt. Louis Fed On the Economy. They noted that the gains made in income and net worth of the typical American family in the 1990s and 2000s were erased by the Great Recession, while economically vulnerable groups fared even worse.
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