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Reuters: Household wealth falls for third straight quarter

Started by NaDiNe, September 19, 2008, 02:01:57 AM

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NaDiNe

Household wealth falls for third straight quarter
      


WASHINGTON (Reuters) - U.S. household wealth has declined for a third straight quarter for the first time on record as home prices fell and the value of financial assets diminished, the Federal Reserve said on Thursday.
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