Flow of Funds Report

bigstock-Pile-of-cash-2737152

Household Net Worth Reaches Record $77.3 Trillion

Household net worth hit a record high of $77.3 trillion at the end of the third quarter, according to the Federal Reserve’s Financial Accounts of the United States. This was an increase of $1.92 trillion over the second quarter figure. Household debt rose at an annual rate of 3.0 percent in the third quarter. Home