Articles About Reason.com
- Author:
- James I. Clark III
- Posted:
- 07.11.2011
Despite a Sluggish Economy, American Household Wealth Is On the Rise
American households’ net worth moved up a bit as the year began, with rising stock prices, increased savings and debt reductions outpacing an ongoing decline in real-estate prices. According to the Federal Reserve, average household wealth in stocks, bonds, homes and other assets — minus mortgages and other debts — rose 1.2 percent to $58.1 trillion […]