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Household Worth in U.S. Fell in Second Quarter [$1.5 trillion]
bw ^ | 0917190 | business week

Posted on 09/17/2010 5:35:20 PM PDT by the invisib1e hand

Net worth for households and non-profit groups declined by $1.5 trillion to $53.5 trillion, according to the Federal Reserve’s Flow of Funds report issued today in Washington. The decline was the first since March 2009. Home values rose because of a tax credit that has since expired.

(Excerpt) Read more at businessweek.com ...


TOPICS: Business/Economy
KEYWORDS: itsonlymoney
Idunno, I thought it was newsworthy.

Say, mods, where we gonna get our information when all the other news outlets become forbidden, too? Drudge? That's ensure we keep our edge.

The new media, thirdhand.

1 posted on 09/17/2010 5:35:22 PM PDT by the invisib1e hand
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To: the invisib1e hand

I thought I felt a disturbance in the force, must have been this.

BTW, Drudge? Yeah, he’s slower than some newspapers. Unless it’s gossip. Hopeless.


2 posted on 09/17/2010 5:41:01 PM PDT by SaxxonWoods (Gone Galt and loving it)
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