-
U.S. Household Net Worth Jumps to a Record on Equities, Housing
U.S. household net worth jumped to a fresh record in the fourth quarter on rising stock prices and higher home values. Household net worth increased by $5.3 trillion, or 3.7%, after a more moderate gain in the third quarter, a Federal Reserve report showed Thursday. The fourth-quarter advance pushed net worth to more than $150 trillion. The value of real estate held by households rose by $1.5 trillion and the value of equity holdings climbed $2.5 trillion. While the omicron variant and related surge in Covid-19 infections dented economic activity in the final weeks of 2021, there was little effect on wealth in the ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 10, 2022 2:02pm Mar 10, 2022 2:02pm
- Jugoslavija
- Joined Dec 2015 | Status: Member | 226 Comments
- Comment #2
- Quote
- Mar 10, 2022 3:00pm Mar 10, 2022 3:00pm
- umbrella man
- | Joined Aug 2009 | Status: Member | 553 Comments
- Comment #3
- Quote
- Mar 10, 2022 3:08pm Mar 10, 2022 3:08pm
- traderathome
- Joined Mar 2008 | Status: PVSRA with Traderathome | 1621 Comments
- Comment #4
- Quote
- Mar 11, 2022 6:35am Mar 11, 2022 6:35am
- Bencarrpvsra
- | Joined Jul 2021 | Status: Member | 1 Comment