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Monday, June 18, 2012

Census Bureau: Household Net Worth Declines By 35%

Feeling a little poorer these days? You're not imagining things. A new report by the Census Bureau says the net worth of U.S. households declined by 35 percent between 2005 and 2010. And before Barack Obama blames it all on George W. Bush, keep in mind he was president in 2009 and 2010. And Democrats controlled both chambers of Congress in 2007, 2008, 2009 and 2010.
WASHINGTON, June 18, 2012 /PRNewswire-USNewswire/ -- U.S. median household net worth declined 35 percent between 2005 and 2010, from $102,844 to $66,740 (in 2010 constant dollars), according to a set of detailed tables released today by the U.S. Census Bureau. However, excluding home equity, median household net worth increased by 8 percent between 2009 and 2010, from $13,859 to $15,000.




   
    New Census Bureau Estimates from 2005 to 2010 Show Changes in Household Net Worth (via PR Newswire)
   

       WASHINGTON, June 18, 2012 /PRNewswire-USNewswire/ -- U.S. median household net worth declined 35 percent between 2005 and 2010, from $102,844 to $66,740 (in 2010 constant dollars), according to a set of detailed tables released today by the U.S. Census Bureau. However, excluding home equity, median…
   

 

 

 

 

WASHINGTON, June 18, 2012 /PRNewswire-USNewswire/ -- U.S. median household net worth declined 35 percent between 2005 and 2010, from $102,844 to $66,740 (in 2010 constant dollars), according to a set of detailed tables released today by the U.S. Census Bureau. However, excluding home equity, median household net worth increased by 8 percent between 2009 and 2010, from $13,859 to $15,000.
WASHINGTON, June 18, 2012 /PRNewswire-USNewswire/ -- U.S. median household net worth declined 35 percent between 2005 and 2010, from $102,844 to $66,740 (in 2010 constant dollars), according to a set of detailed tables released today by the U.S. Census Bureau. However, excluding home equity, median household net worth increased by 8 percent between 2009 and 2010, from $13,859 to $15,000.
WASHINGTON, June 18, 2012 /PRNewswire-USNewswire/ -- U.S. median household net worth declined 35 percent between 2005 and 2010, from $102,844 to $66,740 (in 2010 constant dollars), according to a set of detailed tables released today by the U.S. Census Bureau. However, excluding home equity, median household net worth increased by 8 percent between 2009 and 2010, from $13,859 to $15,000.
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Posted by TONY PHYRILLAS at Monday, June 18, 2012

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