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Surge in wealth since 2020 helps sustain US economic growth

Surge in wealth since 2020 helps sustain US economic growth
journalrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalrecord.com Daily Mail and Mail on Sunday newspapers.

United statesDavid autorArindrajit dubeAnne mcgrewFederal reserveUniversity of massachusetts

Surge in Wealth Since 2020 Helped Sustain Economic Growth

The net worth of the typical U.S. household grew at the fastest pace in more than three decades.

United statesAnne mcgrewDavid autorArindrajit dubeFederal reserveUniversity of massachusetts

A surge in wealth has boosted most US households since 2020 and helped sustain economic growth

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts, according to a government report Wednesday.

United statesArindrajit dubeDavid autorAnne mcgrewFederal reserveUniversity of massachusetts

Report: Surge in wealth boosted most U S households since 2020

Wealth for the median household the midpoint between the richest and poorest households jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000.

United statesArindrajit dubeDavid autorAnne mcgrewUniversity of massachusettsFederal reserve

A surge in wealth has boosted most US households since 2020 and helped sustain economic growth

A surge in wealth has boosted most US households since 2020 and helped sustain economic growth
neworleanscitybusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from neworleanscitybusiness.com Daily Mail and Mail on Sunday newspapers.

United statesArindrajit dubeDavid autorAnne mcgrewFederal reserveUniversity of massachusetts

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