"Thanks to a rebounding stock market, Americans' household wealth increased by $2.1 trillion last year, even as high unemployment and a sagging real estate market weighed down the economic recovery.
At the end of last year, American households saw their net worth rise 3.8 percent over the previous year to $56.8 trillion, according to figures released this week from the Federal Reserve."
Sunday, March 13, 2011
Americans' Wealth Jumps 3.8 Percent -- Thanks To The Stock Market
Americans' Wealth Jumps 3.8 Percent -- Thanks To The Stock Market:
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