When all you read is gloom, turn here for a much different perspective.

Thursday, December 9, 2010

Average Household Net Worth Increased by over $10,000 in Q3

The average U.S. household net wealth worth rose by over $10,000 in the third quarter according to Federal Reserve data released on Thursday and an estimate on the number of total households in the U.S. Collectively that resulted in a net worth increased of $1.2 trillion dollars for all households.

The increase is largely due to financial investments such as stocks and mutual fund holdings and represents even more evidence that the U.S. economy is beginning to fire on multiple cylinders.

0 comment(s)... (click here to add yours):

Post a Comment

We want to hear from you, and you know you want to say something...

FREE Good News delivered to your Email Inbox (With Easy Unsubscribe at Any Time)

Enter your email address:

Delivered by FeedBurner

If you prefer RSS feed subscription...

If you prefer RSS feed subscription...
...Click This Icon For The RSS Feed