The rebound in household net worth came in part on the back of the rising value of investment portfolios. During the first quarter, stock market holdings rose 4% to $7.9 trillion.
Job GrowthTN faces a slow economic recovery
Sunday, June 13, 2010
U.S. households recover at faster pace
Although the figure marked the fourth consecutive quarterly rise, it remained well below the highs seen in 2007. Net worth peaked at about $65.9 trillion in the second quarter of that year.
