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Is US Household Wealth Really at Record Highs? Here's What My Research Says

Summary by thedailyeconomy.org
Federal Reserve Z.1 data show that the net worth of the household and nonprofit sector (HNPS) reached a new record of $168.8 trillion in 2024Q3, eclipsing the previous record of $164 trillion set in 2024Q2. Bloomberg, Marketplace, and InvestmentNews all reported that higher real estate and stock prices drove household wealth to a new record level, echoing prior stories by Bloomberg and Reuters that heralded the second-quarter estimate of $164 tr…
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thedailyeconomy.orgthedailyeconomy.org

Is US Household Wealth Really at Record Highs? Here's What My Research Says

Federal Reserve Z.1 data show that the net worth of the household and nonprofit sector (HNPS) reached a new record of $168.8 trillion in 2024Q3, eclipsing the previous record of $164 trillion set in 2024Q2. Bloomberg, Marketplace, and InvestmentNews all reported that higher real estate and stock prices drove household wealth to a new record level, echoing prior stories by Bloomberg and Reuters that heralded the second-quarter estimate of $164 tr…

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thedailyeconomy.org broke the news in on Friday, March 28, 2025.
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