Thursday, December 8, 2011

Household wealth takes biggest hit since '08 + Q3 Flow of Funds: Household Net Worth declines $2.4 Trillion in Q3

[mEDITate-OR:
feel your own pain, but not anyone elses...
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Household net worth peaked at $66.8 trillion in Q2 2007
and then net worth fell to $50.4 trillion in Q1 2009 
(a loss of $16.4 trillion).
Household net worth was at $57.4 trillion in Q3 2011
(up $7.0 trillion from the trough, but down $2.4 trillion in Q3).
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chart-household-net-worth-2.top.gif
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Q3 Flow of Funds: Household Net Worth declines $2.4 Trillion in Q3
http://www.calculatedriskblog.com/2011/12/q3-flow-of-funds-household-net-worth.html
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Household wealth takes biggest hit since '08
http://money.cnn.com/2011/12/08/news/economy/household_net_worth/index.htm?iid=HP_LN
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