The net worth of U.S. households, rose to 94.8 trillion. $

The net worth of U.S. households, rose to 94.8 trillion. $

Against the background of increasing stock prices and rising real estate prices, net worth of households in the United States in the first three months of this year increased by 1.4 percent to a record 94,8 trillion dollarsthat can not but rejoice. This amount exceeds the budget of many countries of the world.

The Federal reserve said that the increase in stock prices led to an increase in the value of assets at $ 1.3 trillion in one quarter (January to March), and the increase in the cost of housing has brought more households 499 million dollars.

The aggregate amount of funds on Bank accounts of Americans is about $ 100 billion. The number of consumer loans increased by 5%, mortgage — 3%, and the total household debt increased by $ 46 billion, or 3.2%.

The total number of households in the U.S. is about 126 million, this means that on average one household has approximately $ 750,000 of net assets (including property and money).

Thus, the economic condition of the population of the United States not only overcame the crisis, but we can confidently say, has reached a new higher level, even beating the pre-crisis indicators.

Source