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1 year ago

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U.S. household wealth rebounded to $147.7 trillion in 4th quarter

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U.S. household wealth rebounded to $147.7 trillion in 4th quarter

Rising stock market prices pumped wealth back into Americans' pockets at the end of last year, but declining property values, slowed credit growth, and a drop in corporate profits may show the influence of Federal Reserve rate hikes beginning to take hold.

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U.S. household wealth rebounded to $147.7 trillion in 4th quarter

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U.S. household wealth rebounded to $147.7 trillion in 4th quarter

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