Recession Lowering American Net Worth

By: CBS

7 views

Uploaded on September 11, 2012 by CBS

The Federal Reserve has reported that the average family net worth plunged nearly 40 percent between 2007 and 2010 - the biggest drop in wealth since the great depression. Seth Doane traveled to Allentown, Pa. to look into what the effect has been on families.

Tags:
Cbsepisode, Net, Worth, American, Family, Dow, Lower, Recession, Pay, Scale, Allentown, Pennsylvania, Cut, Back, Wealth, Value, Jobs, Wage, Earn, Finance, CBS Evening News, Entertainment

ALSO FROM THIS CHANNEL

Comments on Recession Lowering American Net Worth

RECOMMENDED CHANNELS