Why Black Wealth Took a Nosedive | Black Agenda Report
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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.

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.

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