Family Fortunes
Column Published in syndication November 08, 2023Every three years, the Board of Governors of the Federal Reserve System releases results of the Survey of Consumer Finances. The Survey looks at family income, net worth, debt, and other indicators of the financial health of US families. The most recent report covers the interesting time period from 2019 (just before the COVID-19 pandemic) to 2022. Let's explore a few interesting findings.