Why Black Wealth Took a Nosedive

Authors

Black Agenda Radio with Margaret Kimberley

bareditors
Fri, 10/23/2026 – 04:08

The Center for Economic and Policy Research (CEPR) recently reported on Federal Reserve data that shows that Black Americans have lost 25% of their wealth between 2022 and 2025. Whites, Asians, and Latinos all experienced increases in wealth to varying degrees. Why do Black people have such a different economic experience? Dr. Algernon Austin is Director of Race and Economic Justice at CEPR, and he joins us from Maryland to discuss these findings.

African America

US Economy

black wealth

Racism
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