Rebuilding Household Wealth : Implications for Economic Recovery.

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Business cycles.

Consumers.

Income.

Finance--Statistics.

Finance.

Genre:

Statistics.

Physical Description:

1 online resource (1 online resource (19 p), digital, PDF file)

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2013.

System Details:

text file

Summary:

Discusses slow pace of ongoing economic recovery and likely role of weak consumer spending forced by a sharp loss of household net worth during the recession and subsequent need to rebuild that lost wealth. Examines where balance sheet repair currently stands, highlighting composition of assets that have been accumulated and the degree of debt reduction achieved. Considers near-term prospect for stronger consumer spending and more rapid economic recovery, and considers possible implications of household balance sheet repair for economic policy. Includes graphs.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed May 2014). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Government Division. Rebuilding Household Wealth

Access Restriction:

Restricted for use by site license.