net worth

Americans More Broke by -0.3% in Q2 - Flow of Funds Report Says

Within the Q2 2011 Federal Reserve's flow of funds is more bad news for Americans, we're broker...er.

Household net worth—the difference between the value of assets and liabilities—was $58.5 trillion at the end of the second quarter, about $150 billion less than at the end of the previous quarter.

 

$1.3 Trillion of Household Wealth Evaporates

U.S. household net worth decreased by $1.3 trillion in the first quarter of 2009. This was due in part to decreases in stock market and real estate values. The gory details are here.

Here is a table for some context:

Year Net Worth