Friday, September 18, 2015

Fed's Flow of Funds: Household Net Worth at Record High at end of Q2

The Federal Reserve released the Q2 2015 Flow of Funds report today: Flow of Funds . According to the Fed, household net worth increased in Q2 compared to Q1: The net worth of households and nonprofits rose to $85.7 trillion during the second quarter of 2015. The value of directly and indirectly held corporate equities increased $61 billion and the value of real estate rose $499 billion. Household net worth was at $85.7 trillion in Q2 2015, up from $85.0 billion in Q1.  Net worth will probably decline in Q3 due to the decline in the stock market.. The Fed estimated that the value of......(read more)
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