Nation, World + Society

New report provides first detailed look into L.A.’s complex racial wealth story


A new report detailing major disparities in wealth accumulation across racial and ethnic groups in Los Angeles will be released by UCLA, Duke University, The New School, the Federal Reserve Bank of San Francisco and the Insight Center for Community Economic Development.

“The Color of Wealth in Los Angeles” is the first report to specify the wealth breakdowns for U.S. born blacks, blacks who are recent immigrants from Africa, Mexicans, other Latinos, Asian Indians, Chinese, Filipino, Japanese, Korean, and Vietnamese people in the Los Angeles metropolitan statistical area. The report’s analysis utilizes new data from the National Asset Scorecard and Communities of Color survey.


The authors of the report will talk about the findings and local leaders will be available for interviews with media to discuss opportunities for building wealth among communities of color in Los Angeles. Printed copies of the report will also be made available at the event.


10 a.m. to 2 p.m., Thursday, March 10


Federal Reserve Bank of San Francisco — Los Angeles Branch
950 S Grand Avenue, Los Angeles CA, 90015


Melany De La Cruz-Viesca, assistant director UCLA Asian American Studies Center
William “Sandy” Darity, Samuel DuBois Cook Center on Social Equity, Duke University
Darrick Hamilton, Milano School of International Affairs, Management and Urban Policy, The New School
Lisa Hasegawa, National Coalition for Asian Pacific American Community Development
Andrea Luqeutta, California Reinvestment Coalition
Anne Price, Insight Center for Community Economic Development
Maggie Cervantes, New Economics for Women
Rick Kim, Koreatown Youth and Community Center
Kerry Situ, Chinatown Service Center
Kilolo Kijakazi, Urban Institute
Antionette Dozier, Western Center on Law and Poverty
Laura Choi, Federal Reserve Bank of San Francisco


Press are required to register by close of business on Tuesday, March 8 to guarantee security clearance. A government-issued ID is required for entrance into the Federal Reserve Bank of San Francisco — Los Angeles Branch. Click to RSVP.


Ricardo Vazquez,, UCLA, 310-206-3986
Erin Fogg,, Insight Center, 831-515-6403

Media Contact