Friday, December 9, 2016

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

The Federal Reserve released the Q3 2016 Flow of Funds report today: Flow of Funds . According to the Fed, household net worth increased in Q3 compared to Q2: The net worth of households and nonprofits rose to $90.2 trillion during the third quarter of 2016. The value of directly and indirectly held corporate equities increased $494 billion and the value of real estate increased $554 billion. Household net worth was at $90.2 trillion in Q3 2016, up from $88.0 trillion in Q2 2016. The Fed estimated that the value of household real estate increased to $22.7 trillion in Q3. The value of......(read more)
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