U.S. Household Wealth on the Rise

Sep 22, 2017

The second quarter of this year saw a dramatic rise in household wealth for American families to a total of $1.7 trillion for a new record. The rise is due to a number of factors including escalating property values and increasing value in financial assets. Other big factors are the steadily improving job market and a low inflation rate.

When this information is couple with the growth in the overall economy during the last two quarters it appears that the country is on its way to increased prosperity and growth under the administration of President Donald Trump.