Household wealth in the United States fell by its second-fastest pace in history, but was buoyed by a positive performance in real estate, according to a latest report by the U.S. Federal Reserve. “The net worth of households and nonprofit organizations declined $0.4 trillion to $143.3 trillion in the third quarter. The value of stocks…
US Household Wealth Sees Second-Fastest Decline Since 1959
December 12, 2022
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