U.S. Household Worth Increases By $943 Billion…Has Recouped 53% Of Losses Off Highs In 2007

| June 9, 2011

Household wealth in the U.S. climbed by $943 billion in the first quarter of 2011 according to the Federal Reserve’s flow of funds report out of Washington,  as rising stock market share prices outstripped declines in home values.  From the peak in June 2007 to the low in 2009 the losses from all asset groups combined were -24.9% of assets.  As of […]

Household Wealth Chart

| September 20, 2010

According to calculations from the Federal Reserve, household wealth tumbled a whopping $17 trillion during the crisis – or about 27%. Since the depths of the crisis, however, Americans have recovered about $5 trillion of household wealth. Only $12 trillion to go! For perspective, $12 trillion is nearly equal to one year’s US GDP. It’s […]

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