Net Worth Grows, but No Full Recovery

Summary


WASHINGTON -- For the first time in two years, Americans actually got a little wealthier.

Household wealth grew by $2 trillion, or about 4 percent, this spring, ending the longest stretch of quarterly declines on records dating back to 1952, the Federal Reserve reported Thursday.

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Extract


Net Worth Grows, but No Full Recovery

Net worth -- the value of assets such as homes, checking accounts and investments, minus debts like mortgages and credit c...

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