Uneven recovery between wealthiest and less affluent households

During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%.

Pew Research Center

This dramatic difference was driven by the fact that the financial markets rallied during that period while the housing market remained flat. Affluent households typically have their assets concentrated in stocks and other market holdings while less affluent households typically have their home as their biggest asset.