The Ever-Growing Gap: Without Change, African-American and Latino Families Won't Match White Wealth for Centuries
Author: Chuck Collins, Dedrick Asante-Muhammed, Emanuel Nieves, Josh Hoxie
Topic: Financial well-being
Publisher: Prosperity Now (formerly CFED)
Location: United States
Format: Report
Content Type: Research
Publication Date: August 24, 2016
This report examines the growing racial wealth divide for Black and Latinos households and the ways that accelerating concentrations of wealth at the top compound and exacerbate this divide. We look at trends in wealth accumulation from 1983 to 2013, as well as projections of what the next thirty years might bring. We also consider the impact public policy has had in contributing to the racial wealth divide and how new policies can close this gap.
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