Where Wealth Declined Most (and an Income Riddle) – NYTimes.com

By BINYAMIN APPELBAUM

The bleak portrait of the financial health of American families that the Federal Reserve published Monday shows that the impact of the economic crisis has fallen with disproportionate weight on the middle class.

The middle 60 percent of American families had a larger decline in wealth and income on a percentage basis than the very wealthy or the very poor.

Where Wealth Declined Most (and an Income Riddle) - NYTimes.com

via Where Wealth Declined Most (and an Income Riddle) – NYTimes.com.

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