Fed Report Says Stocks, Homes Values Helped Total Household Net Worth Rise - News Summed Up

Fed Report Says Stocks, Homes Values Helped Total Household Net Worth Rise


The total net worth of U.S. households climbed further into record territory in the third quarter of 2017, reaching $96.939 trillion as stock markets and property prices boosted Americans’ wealth. The increase on the quarter was $1.742 trillion, according to the data the Federal Reserve released Thursday. That was a larger gain than the $1.276 trillion advance in the second quarter of this year. Household...


Source: Wall Street Journal December 07, 2017 17:15 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */