U.S. Household Net Worth Drops $6.1 Trillion in Second Quarter, Despite Home Values Increasing $1.5

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U.S. Household Net Worth Drops $6.1 Trillion in Second Quarter, Despite Home Values Increasing $1.5
Posted On: September 9, 2022
The U.S. Federal Reserve has published the second quarter 2022 balance sheet of U.S. total household wealth [DATA HERE]. In the second quarter (April, May, June) 2022, the total U.S. household wealth dropped $6.1 trillion, despite a calculated increase in home value of $1.5 trillion.  The majority of the loss is connected to a drop […] The post U.S. Household Net Worth Drops $6.1 Trillion in Second Quarter, Despite Home Values Increasing $1.5 Trillion appeared first on The Last Refuge.

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The Last Refuge

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U.S. Household Net Worth Drops $6.1 Trillion in Second Quarter, Despite Home Values Increasing $1.5
Posted On: September 9, 2022
The U.S. Federal Reserve has published the second quarter 2022 balance sheet of U.S. total household wealth [DATA HERE]. In the second quarter (April, May, June) 2022, the total U.S. household wealth dropped $6.1 trillion, despite a calculated increase in home value of $1.5 trillion.  The majority of the loss is connected to a drop […] The post U.S. Household Net Worth Drops $6.1 Trillion in Second Quarter, Despite Home Values Increasing $1.5 Trillion appeared first on The Last Refuge.

Re Posted From: U.S. Household Net Worth Drops $6.1 Trillion in Second Quarter, Despite Home Values Increasing $1.5 Trillion

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