The Traderszone Network

Published in TZ Latest News 18 September, 2015 by The TZ Newswire Staff

Household wealth in U.S. rose in second quarter on real estate

Household wealth in the U.S. climbed in the second quarter, a sign consumers will help growth in the world’s largest economy. Net worth for households and non-profit groups increased by $694.8 billion from April through June, or 0.8 percent from the previous three months, to $85.7 trillion, the Federal Reserve said Friday from Washington in its financial accounts report, previously known as the flow of funds report.