Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

US HOUSEHOLD NET WORTH RISES BY $3 TRILLION

Matthew BoeslerMar 6, 2014, 22:32 IST

Michael Philip Manheim / EPA (via Flickr)

The Federal Reserve's Q4 2013 Z.1 Flow of Funds report is out.

According to the release, household net worth rose 3.8% ($2.95 trillion) in the fourth quarter, following a 2.7% advance in Q3.

Total assets on household balance sheets rose 3.3% in Q4. The value of household real estate rose 2.1%, while the value of corporate equities climbed 10.5% and the value of mutual fund shares advanced 5.5%.

More to come...