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Why Black Wealth Took a Nosedive
Black Agenda Radio with Margaret Kimberley
23 Oct 2026
🖨️ Print Article

The Center for Economic and Policy Research (CEPR) recently reported on Federal Reserve data indicating that Black people in the U.S. 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.

US Economy
black wealth
Racism

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