Annual
FGNWIAA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,495.00
Year-over-Year Change
-368.84%
Date Range
1/1/1952 - 1/1/2010
Summary
The Annual trend measures the annual growth rate of net worth of households and nonprofit organizations in the United States. This metric is closely watched by economists and policymakers to gauge the overall financial health and savings of the private sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual trend reflects the year-over-year percent change in the total net worth of U.S. households and nonprofit organizations. It is a key indicator of household balance sheets and can provide insights into consumer spending, wealth effects, and financial stability.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of the Flow of Funds Accounts.
Historical Context
Policymakers and analysts use this trend to assess the financial position of the private sector and its implications for the broader economy.
Key Facts
- The Annual trend reached a record high of 18.3% in 2021.
- Household net worth has more than doubled since the Great Recession.
- The trend typically declines during economic downturns.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in the total net worth of U.S. households and nonprofit organizations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial health and savings of the private sector, which has implications for consumer spending, wealth effects, and overall economic stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of the Flow of Funds Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the financial position of the private sector and its potential impact on the broader economy.
Q: Are there update delays or limitations?
A: The Annual trend is published quarterly by the Federal Reserve with a typical delay of 3 months.
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Citation
U.S. Federal Reserve, Annual (FGNWIAA027N), retrieved from FRED.