US Household Net Worth Rises $113.1 Billion to $183 Trillion as Stock Holdings Drop $1.8 Trillion
Updated
Updated · Bloomberg · Jun 11
US Household Net Worth Rises $113.1 Billion to $183 Trillion as Stock Holdings Drop $1.8 Trillion
1 articles · Updated · Bloomberg · Jun 11
Summary
$183 trillion in household net worth at the end of March marked a $113.1 billion first-quarter increase, the smallest quarterly gain in a year, according to the Federal Reserve.
$1.8 trillion in lost equity holdings sharply limited overall wealth growth, even as other assets kept total net worth in positive territory.
More than $800 billion in higher real estate values helped offset the stock-market hit, cushioning household balance sheets in the quarter.