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Diane Publishing Books
Changes in U.S. Family Finances from 2010 to 2013: Evidence from the Survey of Consumer Finances
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Jesse Bricker (au)
The Federal Reserve Boardäó»s triennial Survey of Consumer Finances (SCF) collections information about family incomes, net worth, balance sheet components, credit use, and other financial outcomes. This report summarizes information from the 2013 SCF, which reveals substantial disparities in the evolution of income and net worth since the previous time the survey was conducted, in 2010. During the three years between the beginning of the 2010 and 2013 surveys, real GDP grew at an annual rate of 2.1%, the civilian unemployment rate fell from 9.9% to 7.5%, and the annual rate of change in the consumer price index (CPI) averaged 2.3%. Although the aggregate economic performance improve substantially, the effect on incomes for different types of families was far from uniform. Figures and tables. This is a print on demand report.
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