Before the Great Recession, a Phantom Recovery
The eight-year period from 1999 through 2007 is the longest in modern U.S. economic history in which inflation-adjusted median household income failed to surpass an earlier peak.
Testimony of Paul Taylor, Executive Vice President, Pew Research Center to the Senate Finance Committee
Comments on a report that combines findings of one of our major national public opinion surveys with the Center’s analysis of four decades of demographic and economic trends from the Census Bureau and other sources.
Even as Housing Values Sink, There’s Comfort in Homeownership
Not even a housing-led recession can shake Americans’ faith in the blessings of homeownership.
America’s Four Middle Classes
There isn’t one American middle class; there are four. Each is different from the others in its attitudes, outlook and financial circumstance—sometimes in ways that defy traditional stereotypes of the middle class.
Baby Boomers: The Gloomiest Generation
America’s baby boomers are in a collective funk. Members of the large generation born from 1946 to 1964 are more downbeat about their lives than are adults who are younger or older.
The Middle Class Blues
When it comes to anxiety about family finances, an old truism applies: Where you stand depends on where you sit. Or, more precisely, on where your house or apartment sits.
Most Americans say they’re not saving as much as they should — but they’re apparently not worried enough to do much about it.
Who Wants To Be Rich?
Only 13% of adults say it’s “very important” for them to be wealthy, ranking this personal priority far behind six others measured in a new survey .
Inside the Middle Class: Bad Times Hit the Good Life
Americans feel stuck in their tracks. A majority of survey respondents say that in the past five years, they either haven’t moved forward in life or have fallen backward.
What Americans Pay For – and How
Nearly three-in-ten adults say the most common way they take care of their regular monthly bills is by an online or electronic payment.