Total Household Net Worth As Of 1Q 2026 – Two Long-Term Charts

For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2026:Q1).  The last value (as of the June 12, 2026 update) is $182.979889 Trillion:

(click on each chart to enlarge image)

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Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of 7.9%:

Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed June 12, 2026; 
http://research.stlouisfed.org/fred2/series/TNWBSHNO

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 7419.63 as this post is written

Total Household Net Worth As Of 4Q 2025 – Two Long-Term Charts

For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2025:Q4).  The last value (as of the March 19, 2026 update) is $184.105614 Trillion:

(click on each chart to enlarge image)

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Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of 8.5%:

Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed March 19, 2026; 
http://research.stlouisfed.org/fred2/series/TNWBSHNO

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 6580.02 as this post is written

Total Household Net Worth As A Percent Of GDP 3Q 2025

The following chart is from the CalculatedRisk post of January 9, 2026 titled “Fed’s Flow of Funds: Household Net Worth Increased $6.1 Trillion in Q3.” It depicts Total Household Net Worth as a Percent of GDP.  The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“:

As seen in the above-referenced CalculatedRisk post:

The net worth of households and nonprofits rose to $181.6 trillion during the third quarter of 2025. The value of directly and indirectly held corporate equities increased $5.5 trillion and the value of real estate decreased $0.3 trillion.

As one can see in the above chart, the first outsized peak was in 2000, and attained after the stock market bull market / stock market bubbles and economic strength.  The second outsized peak was in 2007, near the peak of the housing bubble as well as near the stock market peak. A third outsized peak appears to have formed between 2021 and 2022.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 6973.76 as this post is written

Total Household Net Worth As Of 2Q 2025 – Two Long-Term Charts

For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2025:Q2).  The last value (as of the September 11, 2025 update) is $176.29290 Trillion:

(click on each chart to enlarge image)

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Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of 6.1%:

Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed September 12, 2025; 
http://research.stlouisfed.org/fred2/series/TNWBSHNO

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 6588.18 as this post is written

Total Household Net Worth As A Percent Of GDP 2Q 2025

The following chart is from the CalculatedRisk post of September 11, 2025 titled “Fed’s Flow of Funds: Household Net Worth Increased $7.1 Trillion in Q2.” It depicts Total Household Net Worth as a Percent of GDP.  The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“:

As seen in the above-referenced CalculatedRisk post:

The net worth of households and nonprofits rose to $176.3 trillion during the second quarter of 2025. The value of directly and indirectly held corporate equities increased $5.5 trillion and the value of real estate increased $1.2 trillion.

As one can see in the above chart, the first outsized peak was in 2000, and attained after the stock market bull market / stock market bubbles and economic strength.  The second outsized peak was in 2007, near the peak of the housing bubble as well as near the stock market peak. A third outsized peak appears to have formed between 2021 and 2022.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 6587.47 as this post is written

Total Household Net Worth As Of 1Q 2025 – Two Long-Term Charts

For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2025:Q1).  The last value (as of the June 12, 2025 update) is $169.307269 Trillion:

(click on each chart to enlarge image)

–

Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of 3.8%:

Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed June 12, 2025; 
http://research.stlouisfed.org/fred2/series/TNWBSHNO

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 6045.25 as this post is written

Total Household Net Worth As A Percent Of GDP 1Q 2025

The following chart is from the CalculatedRisk post of June 12, 2025 titled “Fed’s Flow of Funds: Household Net Worth Decreased $1.6 Trillion in Q1.” It depicts Total Household Net Worth as a Percent of GDP.  The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“:

As seen in the above-referenced CalculatedRisk post:

The net worth of households and nonprofits fell to $169.3 trillion during the first quarter of 2025. The value of directly and indirectly held corporate equities decreased $2.3 trillion and the value of real estate decreased $0.2 trillion.

As one can see in the above chart, the first outsized peak was in 2000, and attained after the stock market bull market / stock market bubbles and economic strength.  The second outsized peak was in 2007, near the peak of the housing bubble as well as near the stock market peak. A third outsized peak appears to have formed between 2021 and 2022.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 6039.09 as this post is written

Total Household Net Worth As Of 4Q 2024 – Two Long-Term Charts

For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2024:Q4).  The last value (as of the March13, 2025 update) is $169.360793 Trillion:

(click on each chart to enlarge image)

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Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of 8.9%:

Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed March 13, 2025; 
http://research.stlouisfed.org/fred2/series/TNWBSHNO

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 5521.52 as this post is written

Total Household Net Worth As A Percent Of GDP 4Q 2024

The following chart is from the CalculatedRisk post of March 13, 2025 titled “Fed’s Flow of Funds: Household Net Worth Increased $.2 Trillion in Q4.” It depicts Total Household Net Worth as a Percent of GDP.  The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“:

As seen in the above-referenced CalculatedRisk post:

The net worth of households and nonprofits rose to $169.4 trillion during the fourth quarter of 2024. The value of directly and indirectly held corporate equities increased $0.3 trillion and the value of real estate decreased $0.4 trillion.

As one can see in the above chart, the first outsized peak was in 2000, and attained after the stock market bull market / stock market bubbles and economic strength.  The second outsized peak was in 2007, near the peak of the housing bubble as well as near the stock market peak. A third outsized peak appears to have formed between 2021 and 2022.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 5550.47 as this post is written

Total Household Net Worth As A Percent Of GDP 3Q 2024

The following chart is from the CalculatedRisk post of December 12, 2024 titled “Fed’s Flow of Funds: Household Net Worth Increased $4.8 Trillion in Q3.” It depicts Total Household Net Worth as a Percent of GDP.  The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“:

As seen in the above-referenced CalculatedRisk post:

The net worth of households and nonprofits rose to $168.8 trillion during the third quarter of 2024. The value of directly and indirectly held corporate equities increased $3.8 trillion and the value of real estate decreased $0.2 trillion.

As one can see in the above chart, the first outsized peak was in 2000, and attained after the stock market bull market / stock market bubbles and economic strength.  The second outsized peak was in 2007, near the peak of the housing bubble as well as near the stock market peak. A third outsized peak appears to have formed between 2021 and 2022.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 6067.63 as this post is written

Total Household Net Worth As Of 2Q 2024 – Two Long-Term Charts

For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2024:Q2).  The last value (as of the September 12, 2024 update) is $163.796961 Trillion:

(click on each chart to enlarge image)

–

Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of 7.1%:

Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed September 12, 2024; 
http://research.stlouisfed.org/fred2/series/TNWBSHNO

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 5595.76 as this post is written

Total Household Net Worth As A Percent Of GDP 2Q 2024

The following chart is from the CalculatedRisk post of September 12, 2024 titled “Fed’s Flow of Funds: Household Net Worth Increased $2.8 Trillion in Q2.” It depicts Total Household Net Worth as a Percent of GDP.  The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“:

As seen in the above-referenced CalculatedRisk post:

The net worth of households and nonprofits rose to $163.8 trillion during the second quarter of 2024. The value of directly and indirectly held corporate equities increased $0.7 trillion and the value of real estate increased $1.8 trillion.

As one can see in the above chart, the first outsized peak was in 2000, and attained after the stock market bull market / stock market bubbles and economic strength.  The second outsized peak was in 2007, near the peak of the housing bubble as well as near the stock market peak. A third outsized peak appears to have formed between 2021 and 2022.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 5593.27 as this post is written

Total Household Net Worth As Of 1Q 2024 – Two Long-Term Charts

For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2024:Q1).  The last value (as of the June 7, 2024 update) is $160.843732 Trillion:

(click on each chart to enlarge image)

–

Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of 8.8%:

Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed June 8, 2024; 
http://research.stlouisfed.org/fred2/series/TNWBSHNO

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 5346.99 as this post is written

Total Household Net Worth As A Percent Of GDP 1Q 2024

The following chart is from the CalculatedRisk post of June 7, 2024 titled “Fed’s Flow of Funds: Household Net Worth Increased $5.1 Trillion in Q1.” It depicts Total Household Net Worth as a Percent of GDP.  The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“:

As seen in the above-referenced CalculatedRisk post:

The net worth of households and nonprofits rose to $160.8 trillion during the first quarter of 2024. The value of directly and indirectly held corporate equities increased $3.8 trillion and the value of real estate increased $0.9 trillion.

As one can see in the above chart, the first outsized peak was in 2000, and attained after the stock market bull market / stock market bubbles and economic strength.  The second outsized peak was in 2007, near the peak of the housing bubble as well as near the stock market peak. A third outsized peak appears to have formed between 2021 and 2022.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 5346.99 as this post is written