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Reuters: Household wealth dips for first time since 2002

Started by chris, March 06, 2008, 07:01:02 PM

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chris

Household wealth dips for first time since 2002
      


WASHINGTON (Reuters) - The net wealth of U.S. households fell for the first time in five years during the fourth quarter last year as the value of real estate holdings and stocks weakened, the Federal Reserve said on Thursday.
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