Fed: Americans struggle to rebuild wealth lost in recession

Households have recovered less than half of the wealth they lost during the recession, according to an analysis by the Federal Reserve Bank of St. Louis' Center for Household Financial Stability. This means consumers don't have enough spending power to support a strong economic recovery, the report concludes. For sound money management information through all stages of life, visit the AICPA’s 360 Degrees of Financial Literacy website.

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