Fed's Flow of Funds: Household Net Worth increased in Q2

The Federal Reserve released the Q2 2016 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 $89.1 trillion during the second quarter of 2016. The value of directly and indirectly held corporate equities increased $452 billion and the value of real estate increased $474 billion. Household net worth was at $89.1 trillion in Q2 2016, up from $88.0 trillion in Q1 2016. The Fed estimated that the value of household real estate increased to $22.3 trillion in Q2. The value of......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2d64c05
via IFTTT