Black Americans’ Financial Well-Being Falls to Lowest Level in a Decade, Federal Reserve Data Shows
Black households are facing growing financial pressure as new Federal Reserve data shows a sharp decline in economic well-being among Black Americans, even as financial conditions remained relatively stable for U.S. adults overall. According to the Federal Reserve’s 2025 Survey of Household Economics and Decisionmaking, just 60% of Black adults said they were doing okay financially or living comfortably in 2025, falling five percentage points from 65% in 2024. The figure represents the lowest level reported by Black adults since […]
