American households net worth soared37%to a record since1989، home values jump during pandemic

US Federal Reserve Board announced today in a survey of Consumer Finances that American households net worth surged more than 37% from 2019 to 2022 to a historic pace since 1989, a reflection of the pandemic era's tremendous economic swings and the wealth generated from homeownership and financial assets that they experienced a record surge in net worth propelled by unprecedented government st