Aug. 22, 2012

Middle-Income Economics and Middle-Class Attitudes

This posting describes and links to a new report, “The Lost Decade of the Middle Class,” that combines income data from the Census Bureau, wealth data from the Survey of Consumer Finances and findings from a new survey to paint a portrait of diminished finances and muted hopes.

Aug. 22, 2012

The Lost Decade of the Middle Class

Chapter 1: Overview As the 2012 presidential candidates prepare their closing arguments to America’s middle class, they are courting a group that has endured a lost decade for economic well-being. Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith […]

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Aug. 22, 2012

Video: Lost Decade of the Middle Class

Since 2000, the middle class has shrunk in size, fallen backward in income and wealth and shed some — but by no means all– of its characteristic faith in the future. Our new report explores how middle-class Americans view themselves, as well as their outlook on the future and on the presidential candidates who are […]

Aug. 2, 2012

The Middle Class Shrinks and Income Segregation Rises

A new Pew Research Center report shows that the share of upper-income households living in neighborhoods that are mainly upper income has risen from 1980 to 2010, as has the share of lower-income households living in neighborhoods where most other households are lower income. Income segregation also has grown in most of the nation’s largest metropolitan areas.

Aug. 1, 2012

The Rise of Residential Segregation by Income

Residential segregation by income has increased during the past three decades across the United States and in 27 of the nation’s 30 largest major metropolitan areas1 , according to a new analysis of census tract2 and household income data by the Pew Research Center. The analysis finds that 28% of lower-income households in 2010 were […]

Jan. 11, 2012

Rising Share of Americans See Conflict Between Rich and Poor

The Occupy Wall Street movement no longer occupies Wall Street, but the issue of class conflict has captured a growing share of the national consciousness.

Sep. 29, 2011

No Consensus About Whether Nation Is Divided Into ’Haves’ and ’Have-Nots’

Despite an extended economic downturn, the public’s impression of whether the nation is economically divided remains relatively stable.

Jul. 26, 2011

Wealth Gaps Rise to Record Highs Between Whites, Blacks, Hispanics

The median wealth of white households is 20 times that of black households and 18 times that of Hispanic households, according to a Pew Research Center analysis of newly available government data from 2009.

Sep. 24, 2010

One Recession, Two Americas

For a narrow majority of Americans (55%), the Great Recession brought a mix of hardships, usually in combination: a spell of unemployment, missed mortgage or rent payments, shrinking paychecks and shattered household budgets, but for the other 45% of the country, the recession was largely free of such difficulties.

Jun. 9, 2010

India’s Census and the Caste Question

Government leaders in India have agreed that the nation’s 2011 census could include a tally of castes, the complex structure of traditional social classes that last were officially measured in 1931. Those caste numbers are the basis of quotas for government employment and university enrollment, and help determine spending on social welfare programs. A council […]