Board of Governors of the Federal Reserve System

Racial Disparities in the Economy: Despite signs of strength and growth...racialized poverty in unprecedented ways across the United States. The

Wealth Creation Just as the current expansion has been beneficial for ...racial lines. Over the 1989-98 period, the growth in the mean and median

racial groups have narrowed in recent years, on net, as they typically...racial and ethnic groups (figure 5). Accessible Version | Return to text

gap in the labor market, using U.S. state-level payroll employ- ment data...gap both increase the likelihood of L-shaped recessions and hysteresis

gaps. These are computed as percent deviations of actual output from the...gap in the current year, with actual output being from 5.6 to 1 percent

wealth and housing wealth, although other components of balance sheets...wealth gains. But that gap in our understanding is now being filled, at

gap in inflation between low- and high-income households (inflation inequality...gap between necessity and luxury inflation: during recessions, the gap

wealth, and it is also the channel through which price incentives work...gaps in small business financing and for underwriting, technical assistance

Wealth Creation Since the dawn of the Industrial Revolution here in Britain...wealth creation. Thus, from the perspective of aggregate wealth creation

wealth over the past two years. But after smoothing through the data for...gap in private lending and spending with government lending and spending