The Economic Well-Being of U.S. Households in 2023

The Survey of Household Economics and Decision-making is the survey from the Federal Reserve Board of Governors for tracking the financial circumstances of low- and moderate-income families and potential risks to their financial health. This year’s survey continues to track key topics related to financial outcomes, such as the effects of inflation on household finances, emergency savings, housing, returns to education, and retirement. New topics have been added on food sufficiency, caregiving, employment of those with a previous arrest or conviction, and homeowners’ insurance.

The Federal Reserve Board of Governors will be hosting a virtual event on June 20, 2024 from 3:00 p.m. to 4:00 p.m. ET, where researchers will share findings from the survey on trends in financial well-being and answer any questions on the financial conditions among low- and moderate-income populations based on the survey results.