28 November 2007

2 out of 3 middle class American families on shaky financial ground, according to new report

Landmark study based on new 'Middle Class Security Index' developed by Demos and Brandeis University

Waltham, MA—Fewer than one in three middle-class families in America is financially secure, and the remaining majority are either borderline or at high risk of falling out of the middle class altogether, according to a new study published this week by Demos and the Institute for Assets and Social Policy (IASP) at Brandeis University.

By a Thread: The New Experience of America’s Middle Class is the first comprehensive report to measure economic stability across the American middle class. Based on national government data, By a Thread is the first in a series of reports and briefing papers that will utilize the new “Middle Class Security Index” developed by the non-partisan policy center Demos and IASP/Brandeis.

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