Fed finds U.S. households are getting richer

Fed finds U.S. households are getting richer: "Fed finds U.S. households are getting richer
WASHINGTON -- March 14, 2005 -- A new report from the Federal Reserve shows that a whopping $2 trillion in residential appreciation, coupled with climbing stock prices, helped U.S. household wealth expand to an unprecedented $49 trillion at the close of 2004. "