Fed's Flow of Funds: Household Net Worth Increased $6.2 Trillion in Q2

The Federal Reserve released the Q2 2020 Flow of Funds report today: Flow of Funds . The net worth of households and nonprofits rose to $119.0 trillion during the second quarter of 2020. The value of directly and indirectly held corporate equities increased $5.7 trillion and the value of real estate increased $0.5 trillion. Household debt increased 0.5 percent at an annual rate in the second quarter of 2020. Consumer credit shrank at an annual rate of 6.6 percent, while mortgage debt (excluding charge-offs) grew at an annual rate of 3 percent. Click on graph for larger image. The first graph......(read more)

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