Washington, D.C. — Income from assets has skyrocketed in centers of wealth, technology, finance, mining, or recreation over the past few decades while stagnating in many distressed communities, according to a new Economic Innovation Group (EIG) report, interactive map, and case studies released today. The report “From Wealthy Enclaves to Asset Deserts: What the geography of asset… Continue reading Wealth Increasingly Concentrated Geographically In The U.S., New EIG Report and Interactive Map Finds
By August Benzow and Kenan Fikri Over the past several decades, the United States has made little progress in helping families in the bottom half of the wealth distribution accumulate assets and save towards retirement, as can be seen in the latest data from the Federal Reserve’s Distributional Financial Accounts, which merges data from the… Continue reading Retirement Inequity in Four Charts