Thursday, December 10, 2015

Fed's Flow of Funds: Household Net Worth Declined in Q3

The Federal Reserve released the Q3 2015 Flow of Funds report today: Flow of Funds . According to the Fed, household net worth decreased in Q3 compared to Q2: The net worth of households and nonprofits fell to $85.2 trillion during the third quarter of 2015. The value of directly and indirectly held corporate equities decreased $2.3 trillion and the value of real estate rose $482 billion. Household net worth was at $85.2 trillion in Q3 2015, down from $86.4 trillion in Q2.  The decline was due to the decline in the stock market in Q3. The Fed estimated that the value of household......(read more)
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