A recent report from the Pew Charitable Trusts runs the numbers on the September 2008 market and credit crash, and the numbers are rather large. In total, the average American household lost $107,850 through 2009 in income ($5,800), Federal recovery spending ($2,050), and declining stock and home value ($100,000).
It’s a cold splash of water (like we needed another), but it’s essential information for anyone who sells tickets, lures donors, or seeks support from local, state, or Federal government sources.
