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The Federal Reserve Board is currently sponsoring a statistical study of household finances that will provide policymakers with information on the economic condition of a broad array of American families.
The study, which is undertaken every three years as part of a Survey of Consumer Finances, is being conducted for the Board by the National Opinion Research Center (NORC) at the University of Chicago through December of this year. Participants in the study are chosen at random using a scientific sampling procedure in 100 areas across the United States. A representative of NORC contacts each potential participant personally to explain the project and request time for an interview. Names and addresses of each participant are confidential. Participation in the study is completely voluntary and summary results will be published by the Board in the Federal Reserve Bulletin after all data have been assessed and analyzed.
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