The US household wealth repeated the highest record of the new new record at the end of 2024, the Federal Reserve data showed on Thursday, thanks to the rally of the stock market that seemed to run out of energy in the last three weeks.
Household net worth and non -profit groups rose around $ 200 billion to $ 169.4 trillion in the fourth quarter of last year, the US central bank said in the quarterly US financial account report, as a decline in the value of the increase in real estate which was cut from equity.
Stock market ownership, the largest component of household net worth, rose around $ 300 billion to $ 56 trillion, while real estate households, the second largest component, down around $ 400 billion to $ 48.1 trillion.
The S&P 1500 composite index, which covers most of the US stock market, rose 2.1% in the fourth quarter of 2024. Has lost nearly $ 4 trillion since the inauguration of January 20 Trump and around $ 2.7 trillion since this year began.
This report offers extensive financial health snapshots from US families, business, and public sector at the end of the former President Joe Biden. During the last full quarter of 2025, household debt grew at an annual rate of 3.1%, in line with the previous quarter, while the non-financial sector business debt rose only 1%, the latest speed in a year.
Federal government debt, which Trump is expected to reduce part by cutting government payroll and expenditure, expanded at a speed of 8.4%, while the state and local government debt shrank 1.4%.
Source: Reuters
