According to the Federal Reserve's recent Financial Accounts
report, in terms of both current and inflation-adjusted dollars, Americans households were at their wealthiest ever, during the first quarter of 2016.
Q1, 2016: $88.087 trillion
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2015: $87.25 trillion
2014: $84.201 trillion
2013: $79.383 trillion
2012: $69.598 trillion
2011: $63.545 trillion
2010: $62.316 trillion
2009: $58.094 trillion
2007: $66.577 trillion
2006: $66.095 trillion
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So, from the painful days of the 2008 banking crisis and start of the Great Recession, to the first quarter of 2016, household wealth has increased by
$31.873 trillion (56.7%.)
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Household Net Worth |
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The Fed' next
Financial Accounts report will be released on
September 16, 2016. Stay tuned for the updated figures...
Labels: banking_crisis, federal_reserve, great_recession, households, Net_Worth, The_Fed, USA, Wealth