Still Digging Out (William R. Emmons and Bryan J. Noeth Commentary)

by William R. Emmons and Bryan J. Noeth  on Monday, Sep. 2, 2013 12:00 am  

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Although aggregate current-dollar household net worth reached an all-time peak at the end of the first quarter of 2013, the average level of household wealth adjusted both for inflation and population growth remained significantly below its highest point ever, which was reached at the end of the first quarter of 2007.

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