Household wealth went up during COVID. But Black and Hispanic families are still in debt. ...Middle East

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Story at a glance A new Pew Reseach Center analysis found that overall, American households saw their wealth grow during the pandemic. Richer families saw their wealth grow the most, the analysis found. The percentage of Black households in debt was particularly high compared to the national average. Most U.S. families got wealthier during the COVID-19 pandemic, according to a new Pew Research Center study released Monday. But wealth gaps existed and persist among different racial and income groups. The study divides U.S. households into four groups, “poorer,” “more solvent,” “wealthier” and “richer,” with each category representing

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Household wealth went up during COVID. But Black and Hispanic families are still in debt. ...Middle East

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