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U.S. Households Continue To Increase Net Worth

English: Chart of the components of United Sta...

English: Chart of the components of United States public and private debt since 1945 as a fraction of GDP. (Photo credit: Wikipedia)

U.S. Households Continue To Increase Net Worth

The Federal Reserve releases its "Financial Accounts of the United States" report every quarter. In simple terms, it gauges the net worth of U.S. households and organizations not seeking profits. According to the report, net worth of this segment rose 1.3 trillion dollar in the second quarter. Home prices and rising stocks explain this much needed growth.

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