April 24, 2024

WINNING: U.S. Household Wealth Reaches Record High of $1.7 Trillion

Household wealth in America reached a record high of $1.7 trillion in the second quarter of 2017 due to rising property values and gains in financial assets, according to a Federal Reserve report released Thursday. The report showed that low inflation and a strong job market contributed to Americans’ improved purchasing power, which in turn, […]

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