2016 Assets & Opportunity Scorecard
Millions of low- and middle-income Americans, particularly people of color, lack sufficient income to save for the future or build credit, according to a new report from the Corporation for Enterprise Development (CFED). CFED’s 2016 Assets & Opportunity Scorecard finds that individuals and families of color are nearly twice as likely to lack liquid savings, and that even those who started their own businesses during the recession are falling behind their white counterparts. The annual Scorecard assesses all 50 states and the District of Columbia on 61 measures of financial security and ranks the states on 69 policies.