Household assets said to wipe out slump loss

Posted: March 8, 2013 at 3:30 a.m.

Household wealth in the U.S. climbed in the fourth quarter to the highest level in five years, propelled by surging stocks and a gain in home prices that is helping repair family finances gutted by the recession, the Federal Reserve said Thursday.

This story is only available from our archives.

Front Section, Pages 1 on 03/08/2013