March 5, 2014
Household wealth still down 14 percent since recession
![](/sites/default/files/styles/news_and_events_image/public/RandyOlsen_0.jpg?h=cc872d96&itok=SjxFHSwZ)
Household wealth for Americans still has not recovered from the recession, despite last summer’s optimistic report from the U.S. Federal Reserve, a new study suggests. Study co-authors Randy Olsen (shown here) and Lucia Dunn, economics professors at Ohio State, found that the mean net worth of American households in mid-2013 was still about 14 percent below the pre-recession peak in 2006. Their analysis suggested that middle-aged people took the biggest hit.
Read the full article here: http://researchnews.osu.edu/archive/wealthrecovery.htm