New Report Reveals Median Family Net Worth Rose 37% Since 2019 | EWTN News Nightly
- Preacher
- Mother Angelica
- Tradition
- Roman Catholic
- Published
- Length
- 5:17
About this sermon
A new report from the Federal Reserve reveals that median family net worth rose 37% between 2019 and 2022, while mean net worth rose 23% during that same period. Federal stimulus, a hot stock market, rising home values and a boost in stock prices are just a few of the reasons for the increase. Economics professor at Catholic Distance University, Dr. Maria Aguirre, joins to share the key takeaways from the report. One of the things the report does not address is family structure. Dr. Aguirre explains whether she thinks that is vital to the results. While the fed's findings are very positive, the conversation around kitchen tables right now is about how expensive everything is. Dr. Aguirre discusses where we are in terms of inflation and the price of goods. She tells us whether there is relief in sight so families will feel the benefit of this increase in wealth. Dr. Aguirre, fills us in on how the war between Israel and Hamas might affect the US economy and whether she expects a rise in oil prices. ------------ EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join host Tracy Sabol, our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf
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