by Calculated Risk on 3/13/2025 12:00:00 PM

The Federal Reserve released the Q4 2024 Flow of Funds report today: Financial Accounts of the United States.

The net worth of households and nonprofits rose to $169.4 trillion during the fourth quarter of 2024. The value of directly and indirectly held corporate equities increased $0.3 trillion and the value of real estate decreased $0.4 trillion.

Household debt increased 3.1 percent at an annual rate in the fourth quarter of 2024. Consumer credit grew at an annual rate of 2.6 percent, while mortgage debt (excluding charge-offs) grew at an annual rate of 2.2 percent. Click on graph for larger image.

The first graph shows Households and Nonprofit net worth as a percent of GDP.  

Net worth increased $0.2 trillion in Q4 to an all-time high.  As a percent of GDP, net worth decreased in Q4 and is below the peak in

Keep reading this article on Bill McBride - Calculedriskblog.

Leave a Reply