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The Boston Globe

Business

US wealth gap grew during recovery

Stock holdings outpace homes

WASHINGTON — The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of US households, a report released Tuesday said.

The upper 7 percent of households owned 63 percent of the nation’s household wealth in 2011, up from 56 percent in 2009, said the report from the Pew Research Center, which analyzed Census Bureau data released last month.

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