http://www.federalreserve.gov/releases/z1/Current/z1.pdf
U.S. households pay down debts for first time
Net worth plunges at 18% annualized rate in third quarter, Fed data show
By Rex Nutting, MarketWatch
Last update: 1:34 p.m. EST Dec. 11, 2008
WASHINGTON (MarketWatch) -- Stung by the loss of more than $2.8 trillion in their net wealth, the nation's households paid down debts in the third quarter for the first time since at least 1952, the Federal Reserve reported Thursday.
No comments:
Post a Comment