6/6/2013 – Wealth Lost in Slump Returns (Wall Street Journal)

Jun 10, 2013 No Comments by

Americans have rebuilt much of the wealth they lost during the recession.

The net worth of U.S. households and nonprofit organizations—the value of homes, stocks and other assets minus debts and other liabilities—jumped 4.5%, or about $3 trillion, in the first three months of 2013 to $70.349 trillion. That is the highest in nominal terms since records began in 1945, according to a Federal Reserve report released Thursday.

Read the full article at the New York Times.

Financial -Landing 2013, Uncategorized

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