Savings & Retirement

US Household Net Worth Falls for Third-Straight Quarter on Stock Retreat

US Producer Prices Top Estimates in November at 0.3%

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By Reade Pickert

December 9, 2022 at 5:08 PM UTC

Updated on

December 9, 2022 at 5:14 PM UTC

This article is for subscribers only.

US household net worth fell for a third-straight quarter as equities continued to retreat.

Household net worth decreased $392 billion in the July-September period, or 0.3%, after falling a record $6.3 trillion in the second quarter, a Federal Reserve report showed Friday.