Household Net Worth Grows $1.4 Trillion In Fourth Quarter

The Federal Reserve has reported in its quarterly "Flow of Funds" report, that household net worth (household assets minus liabilities) grew $1.4 trillion in the fourth quarter to $55.6 trillion, up 2.4% from $54.3 trillion the prior quarter. That gain

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The Federal Reserve has reported in its quarterly “Flow of Funds” report, that household net worth (household assets minus liabilities) grew $1.4 trillion in the fourth quarter to $55.6 trillion, up 2.4% from $54.3 trillion the prior quarter.

That gain was primarily due to financial assets including stocks, bonds, and pensions that grew 3.2% to $42.1 trillion.

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