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Data Spotlight: Financial well-being in America, from 2017 to 2020

In 2017, CFPB published its first report on Financial Well-Being in America. Since then, the financial circumstances of many Americans have changed dramatically. This spotlight shows that Americans experienced an average increase in their financial well-being between 2017 and 2020, likely boosted by the large government response to the COVID-19 pandemic. Yet, a deeper analysis shows that the largest increases were experienced by those with higher incomes, and that approximately one-third of Americans saw a decline in their financial well-being.

Full report

Read the full report