ECONOMY ROARS: US 'Household Net Worth' Totals $107 TRILLION in 2018

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The United States economy continued to roar to life in the second quarter of 2018, with new data revealing the US household net worth neared $107 trillion as more Americans head back to work and wages rise across the country.

According to the Wall Street Journal, “The total net worth of U.S. households rose to nearly $107 trillion during the second quarter of 2018, as higher property and stock prices boosted Americans’ wealth.”

The quarterly increase was a surprising 2.1% gain, which equates to approximately $2.2 trillion.

The strong figures come as leading Democrats -such as Nancy Pelosi and Elizabeth Warren- have vowed to repeal the President’s signature tax cuts should their party retake control of Congress this fall.

Read the full report at the Wall Street Journal.