Household Debt Increased Ahead of Coronavirus Outbreak
Outstanding household debt increased by 1.1% in the first quarter of 2020, rising by $155 billion to land at $14.3 trillion, the Federal Reserve Bank of New York reported today.
Outstanding household debt increased by 1.1% in the first quarter of 2020, rising by $155 billion to land at $14.3 trillion, the Federal Reserve Bank of New York reported today.
Household net worth rose in the second quarter of 2016 to $89.1 trillion, a 1.2% increase from the previous quarter and a 3.1% increase from a year earlier. Household nonfinancial assets increased 1.7% during the second quarter, Most of this increase came from real estate holdings, which grew by $473.9 billion. Growth in wealth derived
Household net worth rose in the first quarter of 2016 to $88.1 trillion, a 1.0% increase from the previous quarter and a 2.4% increase from a year ago. Household holdings of nonfinancial assets increased during the first quarter, growing 1.8%. The majority of this increase came from real estate holdings, which increased by $498.4 billion.
Household net worth rose $1.6 trillion during the fourth quarter of 2015 to $86.8 trillion, a 1.9 percent increase from the previous quarter and a 3.1 percent increase from a year ago. Household holdings of nonfinancial assets increased during the fourth quarter, growing 1.7 percent. The majority of this increase came from real estate holdings,
Household net worth fell $1.2 trillion during the third quarter of 2015 to $85.2 trillion, a 1.4 percent decrease from the previous quarter but a 2.9 percent increase from a year ago. Household holdings of nonfinancial assets increased during the third quarter, growing 1.8 percent. The majority of this increase came from real estate holdings,
Household net worth increased $694.8 billion during the second quarter of 2015 to $85.7 trillion, a 0.8 percent increase from the first quarter, and a 4.6 percent increase from a year ago. Households’ holdings of nonfinancial assets increased during the second quarter, growing 1.9 percent. The majority of this increase came from real estate holdings,
Household net worth increased by $1.6 trillion during the first quarter of 2015 to $84.9 trillion, a 2 percent increase over the fourth quarter and a 5.7 percent increase from a year ago.