Showing posts with label Federal Reserve Bank. Show all posts
Showing posts with label Federal Reserve Bank. Show all posts

Saturday, August 15, 2026

The Boston Foundation: "The Power of Mass ECHOS: Facing the Numbers So We Can Change Them"

via The Boston Foundation:

The Boston Foundation: "The Power of Mass ECHOS: Facing the Numbers So We Can Change Them"
"Yesterday (8/12/26), the Federal Reserve Bank of Boston published Family Wealth in Massachusetts, drawn from the 2025 Massachusetts Economic Conditions and Household Opportunity Survey, known as Mass ECHOS. It gives us something unprecedented: an honest, region-specific accounting of where Massachusetts families stand today, and a shared foundation of evidence for building something more equitable tomorrow.

On our blog, TBF President and CEO Lee Pelton looks at some of the key findings from the data – the documentation of extensive disparities in wealth across race, educational attainment, and homeownership status – and why facing these numbers is so important in our work to change them, and change outcomes for the economic well-being of all Massachusetts residents.

These gaps weren’t created by accident, and they won’t be dismantled by accident either. They require the perseverance and collaboration of partners committed to advocating for change and for repair – and making philanthropy an effective vehicle for social change. This reliable, granular data on wealth by race, education, and geography provide us unprecedented insights into wealth gaps in the state to spark these informed conversations and the sustained, cross-sector work that leads to the collaborative solutions we need to shape a more equitable Massachusetts."



Read The Boston Foundation announcement: