A growing gap.

PositionTRENDS AND TRANSITIONS - Brief article

The bursting of the housing market bubble in 2006 and the recession that followed have taken a far greater toll on the wealth of minorities than whites, according to a new report by The Pew Research Center.

The wealth gap between whites and minorities is now the widest it's been in 25 years--roughly twice the size that existed then. Whites now have, on average, 20 times more new worth than African-Americans and 18 times more than Hispanics.

From 2005 to 2009, Hispanics' inflation-adjusted median wealth fell by 66 percent, African-Americans' by 53 percent, and whites by 16 percent.

The Pew Research Center analyzed data from...

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