Tuesday, September 22, 2020

Federal Reserve: Household balance sheet

 U.S. household wealth has reached a peak of $119 trillion as of 2020Q2, on assets of $135 trillion and liabilities of $16.5 trillion, according to the September 21 release of the Fed's Financial Accounts of the United States.

$94.5 trillion of household assets are financial, including $11 trillion of debt securities, and $40.9 trillion are non-financial, primarily real estate. Mortgages comprise $10.6 trillion of household liabilities.

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