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Household wealth regains pre-recession peak

7:04 PM, Mar. 7, 2013  |  Comments
T'xer Zhon Kha/Wausau Daily Herald
T'xer Zhon Kha/Wausau Daily Herald
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Surging stock prices and steady home-price increases have finally allowed Americans to regain the $16 trillion in wealth they lost to the Great Recession. The gains are helping to support the economy and could lead to further spending and growth.

The recovered wealth - most of it from higher stock prices - has been flowing mainly to richer Americans.

By contrast, middle-class wealth is mostly in the form of home equity, which has risen much less.

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