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Article: Penny-pinching and prudent: Black Enterprise's exclusive survey reveals how African Americans are handling the economic downturn.(SPECIAL REPORT)
- Article from:
- Black Enterprise
- Article date:
- May 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SURELY, NO ONE NEEDS TO TELL YOU WE'RE IN A CRISIS.
It's all around you. People are losing homes and jobs as their assets and savings decline in value. This recession is one of the worst in anyone's memory. In an economy where staying afloat has become a challenge, we wanted to know: How are you doing? To find the answer, we posted a Financial Crisis Survey on www.blackenterprise.com. The numbers we gathered as part of this exclusive three-month effort tell a powerful story about how African Americans are adjusting to difficult times.
Main worries. The "loss of investment value," as stocks continue to sink has become a ...