The wealth slide is ending for black families
Algernon Austin for Demos' Policyshop: Newly released data from the Federal Reserve's Survey of Consumer Finances reveal that the downward slide in wealth for African Americans in the 21st century is finally over. The Survey of Consumer Finances is conducted every three years. The data from the 2016 survey show the first increase in net worth for non-Latino black families since the 2001 survey.
