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Transfer income has fallen faster than other components of U.S. income over the past 3 months

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Policy

Transfer income has fallen faster than other components of U.S. income over the past 3 months (opens in a new tab)

Visualizations Jun 25, 2026

Economic Equity & Opportunity Labor, Wages & Worker Power Macroeconomics & Economic Measurement

Personal Income is now declining year-over-year, a possible warning sign for the economy

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Policy

Personal Income is now declining year-over-year, a possible warning sign for the economy (opens in a new tab)

Visualizations Jun 25, 2026

Economic Equity & Opportunity Labor, Wages & Worker Power Macroeconomics & Economic Measurement

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Equitable Growth supports research and policy analysis on how artificial intelligence, emerging technologies, and the energy transition affect workers, inequality, and broad-based economic growth.

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Equitable Growth supports research and policy analysis on how macroeconomic policies and better economic measurement can promote stable and broad-based economic growth.

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Equitable Growth supports research and policy analysis on how economic inequality shapes political power and democratic institutions, and how that in turn affects broad-based economic growth.

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Equitable Growth supports research and policy analysis on how tax policies can promote stable and broad-based economic growth.

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Equitable Growth supports research and policy analysis on how strong competition among U.S. businesses affects inequality and broad-based economic growth.

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Household Economic Security

Equitable Growth supports research and policy analysis on how unequal access to care, 21st century work-life policies, and education undermines stable, broad-based economic growth.

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Equitable Growth supports research and policy analysis on how trends in economic inequality and mobility and changes in the economy have affected the concentration of wealth, income, and earnings, and how these distributional shifts have affected the promise of economic security and opportunity.

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Equitable Growth supports research and policy analysis on how inequalities in wages, bargaining power, and the evolving labor market affect workers’ economic security and opportunity as well as broad-based economic growth.

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Policy

What happens to U.S. workers without access to Unemployment Insurance amid economic downturns or disruptions related to AI? (opens in a new tab)

Essays Sep 2, 2026

The adoption of artificial intelligence in the workplace has led to predictions of U.S. labor market disruptions. In response, policymakers have increased attention on the fitness of the nation’s social…

AI, Tech & Energy Economic Equity & Opportunity Labor, Wages & Worker Power Macroeconomics & Economic Measurement

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Policy

Defining extreme wealth is more complicated than it looks (opens in a new tab)

Videos Aug 13, 2026

Facing high levels of income and wealth inequality and shrinking tax revenues, U.S. policymakers are showing increased interest in proposals to tax the richest households. Yet determining which households fall into that category is complex and changes based…

Economic Equity & Opportunity Macroeconomics & Economic Measurement Taxation

Policy

Estimating AI exposure is useful for research but cannot yet tell policymakers the whole story of AI’s impact on the labor market (opens in a new tab)

Essays Aug 7, 2026

Artificial intelligence has the potential to substantially change the nature and availability of work. To effectively manage the transitions this technology might bring to the U.S. economy, policymakers need information…

AI, Tech & Energy Economic Equity & Opportunity Labor, Wages & Worker Power Macroeconomics & Economic Measurement

Policy

The debt-to-wealth ratio: A missing lens on the U.S. government’s fiscal capacity (opens in a new tab)

Reports Jul 30, 2026

Few statistics shape the fiscal debate in the United States as powerfully as the ratio of federal debt-to-Gross Domestic Product. Debt held by the public recently surpassed 100 percent of…

Macroeconomics & Economic Measurement Taxation

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Whether data from the Fed or from WID.world are used, U.S. debt-to-wealth measures show similar trends (opens in a new tab)

The United States sits in the middle of the pack on debt relative to wealth (opens in a new tab)

Explosion in post-1980 inequality largely explains low debt-to-top U.S. wealth ratios (opens in a new tab)

Measured against the wealth of the very top, U.S. debt is historically modest (opens in a new tab)

Private wealth has grown far faster than the overall U.S. economy in recent decades (opens in a new tab)

U.S. debt looks alarming against GDP but far less so against wealth (opens in a new tab)

Certain U.S. manufacturing subsectors have experienced more tariff relief since the Supreme Court IEEPA ruling (opens in a new tab)

The U.S. Supreme Court IEEPA ruling reduced tariffs unevenly across key U.S. economic sectors (opens in a new tab)

U.S. trade with China has largely been supplanted by trade with other countries suspected of transshipment (opens in a new tab)

U.S. imports are up and tariff rates are down since the U.S. Supreme Court IEEPA ruling (opens in a new tab)

Transfer income has fallen faster than other components of U.S. income over the past 3 months (opens in a new tab)

Income declines over the past 3 months and the past 6 months are higher for low-income U.S. households (opens in a new tab)

Personal Income is now declining year-over-year, a possible warning sign for the economy (opens in a new tab)

U.S. income shares changed little due to the pandemic, with top decile and bottom half households making gains (opens in a new tab)

In a reversal of 21st century trends, wages grew faster for lower-income U.S. households in the pandemic era (opens in a new tab)

Realized capital gains are highly volatile, leading to large swings in the top 0.1% U.S. income thresholds (opens in a new tab)

Midwest and Southern workers are more concentrated in tariff-exposed industries (opens in a new tab)

Industries within the U.S. machinery manufacturing subsector faced different tariff costs in 2025 (opens in a new tab)

AI, Tech & Energy

Macroeconomics & Economic Measurement

Political Economy & Democracy

Taxation

Competition & Economic Dynamism

Household Economic Security

Economic Equity & Opportunity

Labor, Wages & Worker Power

What happens to U.S. workers without access to Unemployment Insurance amid economic downturns or disruptions related to AI? (opens in a new tab)

Defining extreme wealth is more complicated than it looks (opens in a new tab)

Estimating AI exposure is useful for research but cannot yet tell policymakers the whole story of AI’s impact on the labor market (opens in a new tab)

The debt-to-wealth ratio: A missing lens on the U.S. government’s fiscal capacity (opens in a new tab)

Whether data from the Fed or from WID.world are used, U.S. debt-to-wealth measures show similar trends (opens in a new tab)

The United States sits in the middle of the pack on debt relative to wealth (opens in a new tab)

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