(CNNMoney.com) — The economic boom of the 1990s led to an historic expansion on Main Street, especially for African Americans. But in the decade that followed, a major unraveling began that pushed many blacks back onto the side streets of America.
From March 1991 to March 2001, more than 22 million jobs were added to the economy. The overall unemployment rate fell from 7.4 to 3.9 percent and stayed low for more than two years. African-American families in particular enjoyed huge income increases and a significant drop in poverty.