Change in Wealth by Class 2007-2009

by Catherine Mulbrandon on May 2, 2010

From The Wealth Report blog

Although the graphic is nothing special you don’t see this data very often. Change in overall wealth (not income). The rich suffered a smaller percentage decline than did the bottom 90% from 2007-2009.

Tagged as: Net Worth, United States

  • http://blog.saadhasan.com saad

    it’s interesting that the second fifth suffered the biggest losses. i wonder how this group breaks down in terms of age/retirement status and income/profession.

    also, did you mean to write “bottom 80%”, since your graph is divided into top fifth and bottom four fifths?

  • Kip Mercure

    The graphic is not just “nothing special” but a really bad visualization. Why is the “top 1%” sorted below the “top fifth”? The “fourth” “middle” and “second” should probably be qualified as quintiles. An the “bottom four-fifths” just adds to the confusion. And, it would really help to have the actual wealth ranges quantified.

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