Survey of Consumer Finance in 2019

Introduction

The Survey of Consumer Finances (SCF) is a triennial cross-sectional survey of U.S. families.

The survey data include information on families' balance sheets, pensions, income, and demographic characteristics.

Information is also included from related surveys of pension providers and the earlier such surveys conducted by the Federal Reserve Board.

No other study for the country collects comparable information.

Data from the SCF are widely used, from analysis at the Federal Reserve and other branches of government to scholarly work at the major economic research centers.

Publisher Board of Governors of the Federal Reserve System Publication Year 2019.

Project Idea

Grouping each family according to a given feature enables us to determine the needs of each family

Tools used

1. Pandas , Numpy for Anaylsis
2. matplotlib, seaborn, plotly for visualization
3. Scipy for mathematical problems
4. Sci-kit learn for machine learning (clustering)