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US household wealth regains pre-recession peak

Friday - 3/8/2013, 10:24am  ET

FILE - In this March 1, 2013 file photo, a pair of specialists work at a post on the floor of the New York Stock Exchange. Surging stock prices and steady home-price increases have finally allowed Americans to regain the $16 trillion in wealth they lost to the Great Recession. The gains are helping support the economy and could lead to further spending and growth. Household wealth amounted to $66.1 trillion at the end of 2012, the Federal Reserve said Thursday, March 7, 2013. (AP Photo/Richard Drew, File)

CHRISTOPHER S. RUGABER
AP Economics Writer

WASHINGTON (AP) -- It took 5
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