Subscribe / Renew |
|
Contact Us |
|
► Subscribe to our Free Weekly Newsletter |
Construction Bids
home | Welcome, sign in or click here to subscribe. | login |
December 12, 2014
WASHINGTON (AP) — Americans' net worth slipped in the July-September quarter as shrinking stock portfolios overwhelmed a solid gain in home values.
U.S. household wealth declined 0.2 percent in the third quarter to $81.3 trillion, the Federal Reserve said Thursday. Americans' stock and mutual fund portfolios shrank $700 billion. The value of their homes increased $245 billion.
. . .