Household Worth in U.S. Rose by $1.5 Trillion in Fourth Quarter

Household wealth in the U.S. increased from October through December by the most in a year as stock prices advanced to an all-time high at the end of 2014.

Net worth for households and non-profit groups rose by $1.5 trillion in the fourth quarter, or 1.9 percent from the previous three months, to $82.9 trillion, the Federal Reserve said Thursday from Washington in its financial accounts report, previously known as the flow of funds survey.