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Americans’ Total Wealth Hits Record, According to Federal Reserve Report

The resources of Americans reached a record of $88.1 trillion in a initial quarter, with rising home values offsetting stock-market wobbles during a start of a year.

The boost to resources was driven by a $498 billion boost in residential real-estate values around a U.S., while a altogether value of equities declined by $160 billion, according to a Federal Reserve news expelled on Thursday.

The new information underscores only how…

Article source: http://www.wsj.com/articles/americans-total-wealth-hits-record-according-to-federal-reserve-report-1465488231

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