US household wealth rose to a fresh record in the third quarter Archives - NationNews https://nationnews.in/tag/us-household-wealth-rose-to-a-fresh-record-in-the-third-quarter/ Voice of The Nation Thu, 12 Dec 2024 23:12:18 +0000 en-GB hourly 1 https://wordpress.org/?v=6.8.1 https://nationnews.in/wp-content/uploads/2024/07/cropped-nationnews-signature-32x32.png US household wealth rose to a fresh record in the third quarter Archives - NationNews https://nationnews.in/tag/us-household-wealth-rose-to-a-fresh-record-in-the-third-quarter/ 32 32 US household wealth rose to a fresh record in the third quarter, fueled by a stock-market rally ahead of the presidential election. https://nationnews.in/us-household-wealth-rose-to-a-fresh-record-in-the-third-quarter-fueled-by-a-stock-market-rally-ahead-of-the-presidential-election/ https://nationnews.in/us-household-wealth-rose-to-a-fresh-record-in-the-third-quarter-fueled-by-a-stock-market-rally-ahead-of-the-presidential-election/#respond Thu, 12 Dec 2024 23:12:15 +0000 https://nationnews.in/?p=6861 US household wealth rose to a fresh record in the third quarter, fueled by a stock-market rally ahead of the presidential election. Household net worth increased nearly $4.8 trillion, or 2.9% from the prior quarter, to $168.8 trillion, a Federal Reserve report showed Thursday. The value of Americans’ equity holdings rose $3.8 trillion. The value of real estate eased by almost $200 billion after sizable advances in the first half of the year.

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US household wealth rose to a fresh record in the third quarter, fueled by a stock-market rally ahead of the presidential election.

Household net worth increased nearly $4.8 trillion, or 2.9% from the prior quarter, to $168.8 trillion, a Federal Reserve report showed Thursday. The value of Americans’ equity holdings rose $3.8 trillion. The value of real estate eased by almost $200 billion after sizable advances in the first half of the year.

The post US household wealth rose to a fresh record in the third quarter, fueled by a stock-market rally ahead of the presidential election. appeared first on NationNews.

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