In 2022, the United States witnessed a slight reversal in wealth inequality at the top, while challenges persisted for lower-income groups. According to the Center for Economic and Policy Research (CEPR), wealth concentration among the wealthiest Americans showed a modest decline, attributed to policy changes and market adjustments. However, the gap between the rich and poor remains significant, with lower-income households continuing to face economic hardships.
The CEPR report highlights that while the wealthiest individuals saw a reduction in their share of total wealth, the overall distribution remains skewed. Middle- and lower-income families have yet to experience substantial improvements in their financial well-being, underscoring the need for targeted policies to address systemic inequalities.
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US wealth inequality in 2022: A modest reversal at the top, persistent challenges below CEPR
— news from CEPR