During tough economic times many people around the world find it difficult to afford life’s basic necessities. Nearly half (a median of 49%) of those surveyed by the Pew Research Center in developing economies and a quarter (25%) in emerging markets say that, at some point in the past year, they have been unable to afford food that their families needed.
College is a pretty pricey proposition, even after grants and scholarships are factored in. And the millions of students graduating this spring will soon learn just how expensive their degrees were when they start getting student-loan bills. As a Pew Research Center analysis noted last year, nearly one in five U.S. households (19%) owed money […]
With the stock market hitting new highs and home prices marking their strongest gains since before the bubble burst, it’s starting to feel like a real economic recovery. But which is the better investment over time? That depends largely on your definition of “long term.” As the accompanying charts show, since the formal end of the […]
During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%, according to a Pew Research Center analysis of newly released Census Bureau […]
After running up record debt-to-income ratios during the bubble economy of the 2000s, young adults shed substantially more debt than older adults did during the Great Recession and its immediate aftermath—mainly by virtue of owning fewer houses and cars, according to a new Pew Research Center analysis of Federal Reserve Board and other government data. […]
Overview As Barack Obama begins his second term in office, the public is hearing a mix of good and bad news about the economy, as it has for much of the past four years. Views of news about real estate values and financial markets have improved and are as positive as they have been in […]