Survey of Consumer Finances

OMB 7100-0287

OMB 7100-0287

This would be the thirteenth triennial SCF since 1983, the beginning of the current series. This survey is the only source of representative information on the structure of U.S. families’ finances. The survey would collect data on the assets, debts, income, work history, pension rights, use of financial services, and attitudes of a sample of U.S. families. Because the ownership of some assets is relatively concentrated in a small number of families, the survey would make a special effort to ensure proper representation of such assets by systematically oversampling wealthier families. The Board proposes to conduct (1) up to 150 interviews averaging about 90 minutes (main pretest) to be obtained in a test or series of tests of the survey procedures in 2018 and (2) up to 7,000 interviews averaging about 90 minutes (main survey) between April 2019 and March 2020. The surveys would be conducted by an outside contractor. The pretest and the main survey would be collected using a computer program; thus, there is no hardcopy version of the questionnaire other than the text of the computer program. The wording of the survey questions would be modified to reflect the outcome of the pretest, but it is anticipated that such changes would be relatively small.

The latest form for Survey of Consumer Finances expires 2021-08-31 and can be found here.

OMB Details

Pre-test

Federal Enterprise Architecture: Economic Development - Financial Sector Oversight

Form FR 3059Survey of Consumer Finances (Survey Codebook)www.federalreserve.gov/econres/scfindex.htmForm and instruction

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