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Axios: Young Americans’ Wealth Has Soared Since The Pandemic

Axios, April 29, 2024, Young Americans’ Wealth Has Soared Since The Pandemic

Household wealth for those under 40 in the U.S. is up 49% from its pre-pandemic level, according to a new analysis from the left-leaning Center for American Progress.

Why it matters: Young households haven’t seen wealth growth like this since the Federal Reserve first started tracking this data in 1989.

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