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Canadian industries slashed their capacity utilization to the lowest levels on record in the second quarter, Statistics Canada data showed Monday. For the first time in four financial quarters, Canadians' household net worth has increased — by $5.6 trillion...
Tags: Statistics Canada, net worth, stock market, household net, Canada, Ottawa
Americans' net worth fell in 2008, erasing four years of gains, as the value of their houses and stock market portfolios decline, according to new data from the Federal Reserve. Household assets as a whole fell 15% to $65.7 trillion, unadjusted for inflation,...
Tags: net worth, Federal Reserve, household net, U.S. Household Wealth Falls, American, americans household, worth dropped
That’s well on the way to hitting the Obama administration’s projection of a record annual imbalance of $1.75 trillion. The Treasury Department also said that the February deficit reached $192.8 billion, a record for the month and up 10 percent from a...
Tags: net worth, U.S, household net, Citing Federal Reserve, budget deficit, Treasury Department, retail sales
13 AM EST Canada's stock market plunge this fall contributed to a 3.2 per cent drop in household net worth in the third quarter of this year, equivalent to a decline of $191-billion, Statistics Canada said Tuesday.
Tags: Statistics Canada, net worth, household net, Federal Reserve