• The Economic Well-Being of U.S. Households in 2023

  • Jun 26 2024
  • Length: 59 mins
  • Podcast

The Economic Well-Being of U.S. Households in 2023

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  • Summary

  • The Survey of Household Economics and Decisionmaking is the main survey from the Federal Reserve Board of Governors for tracking the financial circumstances of low- and moderate-income families and potential risks to their financial health. This year’s survey continues to track key topics related to financial outcomes, such as the effects of inflation on household finances, emergency savings, housing, returns to education, and retirement. New topics have been added, such as food sufficiency, caregiving, employment of those with a previous arrest or conviction, and homeowners insurance.

    In this Connecting Communities episode, researchers from the Federal Reserve Board of Governors shared findings from the survey on trends in financial well-being. Based on the survey results, they answered attendees' questions about the financial conditions among low- and moderate-income populations.
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Economics Social Sciences
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