Economic Conditions

This research report presents data showing the major demographic and socioeconomic changes in the Hispanic population of New York in the 1990s. It shows that despite gains in some areas, on average, Hispanics in New York were not significantly better-off in 2000 than in 1990. The household income per capita of Hispanic New Yorkers increased only slightly in the 1990s, compared to a much stronger expansion among White New Yorkers. By 2000, Hispanics displayed per-capita income of about one-third that of the non-Hispanic White population. The roots of the lack of change in Hispanic overall socioeconomic status in the 1990s lie, first, in the major demographic changes in the city, as reflected in an influx of relatively unskilled immigrants and an exodus of relatively skilled, high-income Hispanic New Yorkers; it also responds to the sluggish economic recovery of the city from one of its most severe recessions this century.

The “New Economy” of the past decade lifted the prospects of all Hispanics. Still, on average Hispanics lagged behind non-Hispanic whites, mainly due to large-scale immigration and poor levels of education.

by Andrew Kohut for America Online

Introduction and Summary As the 90’s economic boom fades into history, one of its legacies is the increasing number of Americans who see society as divided between the ‘haves’ and the ‘have-nots.’ More than four-in-ten (44%) now believe the nation is split along these lines, compared to just 26% who felt that way in 1988, […]

Most Americans attribute dot-com difficulties to overeager investors looking for quick payoffs and to the poor business plans of dot-com entrepreneurs.

Survey Findings On October 27, the day the stock market plunged more than 550 points, worried Americans turned to new media sources for instant information. Many of those who followed the story “very” closely tracked news of the sell-off either on cable television or over the Internet — news outlets that were not factors in […]

Introduction and Summary As 1996 drew to a close Americans were evaluating their lives much the way they have over the past four decades during good economic times. Most feel they have made personal progress over the past five years, and most are optimistic about the future. Financial stability, good health and a strong family […]

Report Summary Despite signs of an economic turn around, Americans remain highly dissatisfied with the state of the nation, financially burdened and fearful about their futures. From an economic point of view, continued discontent with earning power of American jobs is inhibiting celebration of the economic recovery. From a political one, preoccupation with Whitewater is […]

Report Summary Despite an upsurge in consumer confidence, the attention of the American public continues to be focused on the economy. Nearly two out of three Americans (62%) believes that the economy is still either in a recession, or in a depression, while only 34% of the public thinks that an economic recovery has begun.

Report Summary With the State of the Union Address days away, a majority of the American people (52 percent) want President George Bush to call for a public works program to put the unemployed back to work as their first choice to revitalize the economy. President Bush’s job approval rating continues to drop (46%) as […]