Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Canada
Annual, Seasonally Adjusted
LFHU24MACAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
228,300.00
Year-over-Year Change
-1.49%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' series measures the percent change in U.S. household net worth on a year-over-year basis. This key economic indicator provides insights into household financial health and consumer spending trends.
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
Household net worth represents the total value of assets (such as real estate, stocks, and other investments) minus liabilities (such as mortgages and other debts) for U.S. households. Tracking the annual change in this metric is crucial for understanding consumer behavior and the broader economic climate.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of the Flow of Funds Accounts.
Historical Context
Analysts and policymakers closely monitor household net worth to gauge consumer confidence and predict future spending patterns.
Key Facts
- U.S. household net worth reached a record high of $142 trillion in Q4 2021.
- The annual growth rate in household net worth peaked at 20.1% in Q2 2021.
- Real estate assets account for over 30% of total U.S. household net worth.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' series tracks the year-over-year percent change in total U.S. household net worth, which represents the difference between the value of household assets and liabilities.
Q: Why is this trend relevant for users or analysts?
A: Household net worth is a crucial indicator of consumer financial health and spending power, making it a key metric for economists, policymakers, and market analysts.
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 closely monitor changes in household net worth to gauge consumer confidence and predict future spending patterns, which informs decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHU24MACAA647S), retrieved from FRED.