U.S. flag

An official website of the United States government

Skip Header


Year-Apart Estimates of Household Net Worth from the Survey of Income and Program Participation

Written by:
Working Paper Number SIPP-WP-51

The difficulty of collecting accurate data on wealth in a household survey has long been recognized. The modern history of wealth surveys began with a 1946 survey sponsored by the Federal Reserve Board (FRB) and continued with the annual surveys of Consumer Finances conducted by the Survey Research Center at the University of Michigan during the period 1947 to 1970. In the 1960-61 Survey of Consumer Expenditures, sponsored by the Bureau of Labor Statistic (BLS), data on assets and liabilities were collected one year apart, enabling BLS to calculate the net change in assets and liabilities.

Page Last Revised - October 8, 2021
Is this page helpful?
Thumbs Up Image Yes Thumbs Down Image No
NO THANKS
255 characters maximum 255 characters maximum reached
Thank you for your feedback.
Comments or suggestions?

Top

Back to Header