TeleTrade - Analytics

    TeleTrade

    731.00 6.50/10
    57% of positive reviews
    Real

    11.03.2016 10:02 Net worth of households and non-profits in the U.S. climbs by $1.64 trillion in the fourth quarter

    The Federal Reserve released its financial accounts report on Thursday. The net worth of households and non-profits in the U.S. climbed by $1.64 trillion to $86.8 trillion in the fourth quarter of 2015, after a 1.5% decline in the third quarter. The rise was driven by higher home prices and a recovery in equity prices.

     

    Household debt rose at an annual rate of 3.4% in the fourth quarter of 2015, after a 1.6% increase in the third quarter.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree