The Ever-Growing Gap: Without Change, African-American and Latino Families Won't Match White Wealth for Centuries
Author(s): Dedrick Asante-Muhammad, Chuck Collins, Josh Hoxie & Emanuel Nieves
Date Published: August 2016
File Type: PDF
Published by CFED & Institute for Policy Studies
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.