Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families
For release at 10:00 a.m. EDT
The Federal Reserve Board on Friday released the highly anticipated results of the 2025 Survey of Consumer Finances, providing the public, economists, and policymakers with a comprehensive and detailed look into the economic condition of American families. Conducted every three years since 1989, this vital nationwide study offers an extensive time series of thorough information detailing the evolving financial realities of households across the United States.
The comprehensive data gathered through the survey provide a highly representative picture of what Americans own, how and how much they borrow, and how they interact with banking institutions. Alongside the raw survey data, the Board issued its official summary report, titled Changes in U.S. Family Finances from 2022 to 2025. This accompanying document closely examines critical shifts in household income, net worth, accumulated assets, outstanding debt, and overall financial vulnerability over the triennial period, helping analysts understand the broader economic pressures and triumphs experienced by everyday citizens.
To ensure the findings are easily digestible for researchers, journalists, and the general public, the Federal Reserve has also made an interactive chartbook available online. This dynamic tool displays historical and current changes in these financial characteristics over time, allowing users to visualize trends across different demographics and economic sectors. Furthermore, additional microdata from the survey—encompassing extensive datasets that examine a wide array of other economic conditions affecting American families—has been made publicly accessible for academic and independent research.
The rigorous process of gathering this sensitive and detailed financial information is managed for the Board by NORC, an independent social science research organization based at the University of Chicago. To achieve a sample that accurately mirrors the diversity and complexity of the United States, participants in the study are chosen at random from 119 carefully selected geographic areas. These locations encompass a wide variety of metropolitan areas and rural counties spread across the nation, utilizing advanced scientific sampling procedures specifically designed to produce a representative cross-section of American families.
The Survey of Consumer Finances remains one of the most critical instruments in modern economic research, serving as a cornerstone for understanding wealth distribution, debt burdens, and financial health in the United States. Policymakers rely heavily on these insights when evaluating the effectiveness of monetary policy, consumer protection regulations, and broader economic interventions. By capturing the financial state of families every three years, the survey creates an invaluable historical record that tracks how American households weather shifting economic cycles, inflationary pressures, and changing labor markets.
As researchers begin analyzing the 2025 dataset, the Federal Reserve continues to encourage public engagement with the findings through its online resources and interactive tools. For members of the media seeking further information, official inquiries can be directed to the Federal Reserve Board by email at [email protected] or by telephone at (202) 452-2955.
Last Update: October 09, 2026
