News In Brief

Apparently, Americans are getting wealthier

Tess Vigeland Dec 9, 2010

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.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.