Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Federal Reserve Statistical Release, March 6, 2014

Z.1 – Financial Accounts of the United States, Fourth Quarter 2013: “The net worth of households and nonprofits was $80.7 trillion at the end of 2013, about $3 trillion more than at the end of the third quarter. For 2013 as a whole, net worth increased $9.8 trillion, or 14 percent, driven largely by a $5.6 trillion increase in the value of directly and indirectly held corprorate equities and a $2.3 trillion increase in the value of real estate. Domestic nonfinancial debt outstanding was $42 trillion at the end of the fourth quarter of 2013, of which household debt was $13.1 trillion, nonfinancial business debt was $13.6 trillion, and total government debt was $15.3 trillion. Domestic nonfinancial debt growth was 5.4 percent at  a seasonally adjusted annual rate in the fourth quarter of 2013, about 1½ percentage points more than in the third quarter.”

Leave a reply