Government Information

Earl Gregg Swem Library

Changes in U.S. Family Finances from 2007 to 2010: Evidence from the Survey of Consumer Finances

Categories: Headlines,Income/Poverty,Statistics

http://www.federalreserve.gov/pubs/bulletin/2012/pdf/scf12.pdf

Provides insights and data on changes in family income and net worth since the 2007 survey.  Shows that the median value of real family income before taxes fell 7.7% and real mean income fell by 11.1% across all families.  From the Federal Reserve