{"id":11676,"date":"2023-12-25T20:31:11","date_gmt":"2023-12-25T20:31:11","guid":{"rendered":"https:\/\/connectwithfund.com\/finance\/latino-households-are-growing-their-wealth-heres-how\/"},"modified":"2023-12-25T20:31:12","modified_gmt":"2023-12-25T20:31:12","slug":"latino-households-are-growing-their-wealth-heres-how","status":"publish","type":"post","link":"https:\/\/connectwithfund.com\/?p=11676","title":{"rendered":"Latino households are growing their wealth. Here\u2019s how."},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002785845\">\n<div class=\"snippet__body\">\n<p>Against the backdrop of persistent racial and ethnic wealth disparities, Latino families have seen some positive signs in the past few years, a new report suggests.<\/p>\n<p>Hispanic households\u2019 wealth \u2014 defined by total assets minus total debts \u2014 was up by more than 60% from their 2019 level as of the second quarter of 2023, according to an analysis by the Federal Reserve Bank of New York. This growth in wealth was compared with around 40% growth for both Black and non-Hispanic white households between 2019 and the second quarter&#8230;<\/p>\n<div id=\"cx-snippet\">\n<div class=\"snippet__roadblock\">\n<h3 class=\"headline_1\">\n              Master your money.<br \/>\n            <\/h3>\n<h3 class=\"headline_2\">\n              Subscribe to MarketWatch.<br \/>\n            <\/h3>\n<\/p>\n<h4 class=\"subheadline_1\">\n              Get this article and all of MarketWatch.<br \/>\n            <\/h4>\n<h4 class=\"subheadline_2\">\n              Access from any device. Anywhere. Anytime.<br \/>\n            <\/h4>\n<p>             Subscribe Now<\/p>\n<p class=\"snippet__roadblock_sign_in_text\">\n            Already a subscriber?<\/p>\n<p>              Log In<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/latino-households-are-growing-their-wealth-heres-how-60e38680?mod=personal-finance\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Against the backdrop of persistent racial and ethnic wealth disparities, Latino families have seen some positive signs in the past few years, a new report suggests. Hispanic households\u2019 wealth \u2014 defined by total assets minus total debts \u2014 was up by more than 60% from their 2019 level as of the second quarter of 2023, according to an analysis by the Federal Reserve Bank of New York. This growth in wealth was compared with around 40% growth for both Black and non-Hispanic white households between 2019 and the second quarter&#8230; Master your money. Subscribe to MarketWatch. Get this article and<\/p>\n","protected":false},"author":1,"featured_media":11677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-11676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Latino households are growing their wealth. 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