U.S. households’ net wealth reached $57.86 trillion in the second quarter of this year, up 2.12% from $56.65 trillion in the first quarter, Reuters reports, citing data from the Federal Reserve.

The nation’s total debt rose 7.1% to $29.88 trillion, slower than the 7.9% increase in debt in the first quarter. The Federal Reserve said it slowed because the federal government’s debt fell by 1.4 percentage points after rising 6.4% in the first quarter.

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