Friday, June 7, 2013

Reclaimed

"One week ago, I reported on a recent study by the Federal Reserve Bank of St. Louis that found Americans had recovered less than half of the personal wealth they'd lost during the recession, once you accounted for population growth and inflation. Now we've got an update. Yesterday bank posted fresh numbers reaching through the first quarter of 2013, and it appears households have now reclaimed 62 percent of what disappeared."