Apparently, Americans are getting wealthier

And this final note, one that is hard to imagine for millions of Americans still looking for jobs.
Believe it or not, Americans' overall wealth grew more than 2 percent in the third quarter. Household net worth is nearly $55 trillion, up from $49 trillion two years ago in the depths of the Great Recession. A positive development until you consider this: We need another 20 percent gain to get back to where we were pre-recession.

About the author

Tess Vigeland is the host of Marketplace Money, where she takes a deep dive into why we do what we do with our money.

Comments

I agree to American Public Media's Terms and Conditions.
With Generous Support From...