The Federal Reserve Board announced it will begin its regular Survey of Consumer Finances (SCF) in March, collecting detailed information on US household balance sheets, borrowing, banking relationships, and views on their economic situation. The triennial SCF has been conducted in its current form since 1983 and the 2025 round will run through December 2025. Fieldwork will be carried out for the Board by NORC at the University of Chicago, with households selected at random across 119 geographic areas spanning metropolitan and rural locations. Individual responses will be kept confidential, with names and addresses used only for survey administration and destroyed after the study is completed. Chair Jerome H. Powell’s invitation letter is scheduled to be mailed in mid-March to around 13,000 households. Summary results from the 2025 SCF are expected to be published in late 2026 after the data are assessed and analyzed.
Federal Reserve Board 2025-02-28
Federal Reserve Board to launch the 2025 Survey of Consumer Finances with results planned for late 2026
The Federal Reserve Board will commence its triennial Survey of Consumer Finances (SCF) in March 2025, gathering data on US household balance sheets, borrowing, and economic perceptions. Conducted by NORC at the University of Chicago, the survey will cover 119 geographic areas with results anticipated in late 2026. Responses will remain confidential, with personal information used solely for survey purposes.