Monday, June 10, 2013

Americans regain the household wealth

Americans regain the household wealth

Household Wealth Tops Pre-Recession Levels: A robust stock market and stronger housing indicators are helping more Americans regain the household wealth that they lost during the Great Recession.
Federal Reserve reports that the net worth of American households is now higher than before the recession that occurred about five and a half years ago, without adjusting for inflation. Household net worth climbed 4.5 percent in the first quarter of 2013, reaching $70.3 trillion, compared to $68.1 trillion in 2007.  
See  How Home Buyers are Faring?

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