World Affairs in Context

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World Affairs in Context
Weekly Briefs: IRS To Focus On Audits, U.S. Household's Net Worth Increases
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Weekly Briefs: IRS To Focus On Audits, U.S. Household's Net Worth Increases

Lena Petrova's avatar
Lena Petrova
Jun 09, 2023
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World Affairs in Context
World Affairs in Context
Weekly Briefs: IRS To Focus On Audits, U.S. Household's Net Worth Increases
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Numbers:

  • The Fed reports that U.S. households' net worth increased 2.1% to $148.8 trillion during Q1 2023 due to the rising value of equity (stocks) holdings that offsets a decline in real estate.

  • Hous…

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