Economic recovery is unequal: Pew finds wealth gap widens between whites and minorities

Economic IndicatorsAssociated Press

The economic recovery has not been equal among the races, a Pew Research Center study shows.

The study released Friday found that the wealth gap between white households and minorities has widened.

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The wealth of white households was 13 times greater than that of black households in 2013, versus eight times the wealth in 2010. And the wealth of white households was more than 10 times that of Hispanic households, up from nine times the wealth in 2010.

Pew researchers — analyzing data from the Federal Reserve's Survey of Consumer Finances — found that the gap between whites and blacks has reached its highest point since 1989. The wealth ratio for whites-to-Hispanics is at a level not seen since 2001.