Watch: Main Street struggles to recover wealth lost in recession

Updated

Six years after the crash, the Dow is breaking records for its all-time high. But a new study finds that Americans have rebuilt less than half of the wealth that they lost during the recession.

American households lost $16 trillion in the recession, but have only recovered 45% of that wealth.

Younger, minority families suffered the most and have recovered the least, the Federal Reserve Bank of St. Louis found, whereas wealthy families with more significant savings recovered more easily.

For more on the report and families’ recovery, watch below.

Watch: Main Street struggles to recover wealth lost in recession

Updated