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U.S. Household Net Worth Sees First Decline Since 2023 Amid Stock Market Slump and Record-High Deposits
1 day ago /
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Author：小编
A Federal Reserve report reveals that the stock market sell-off sparked by tariff-related concerns has led to the first quarterly drop in U.S. household assets since the start of the year. Assets have decreased by $1.6 trillion to $169.3 trillion, marking a 0.9% decline compared to the previous quarter. Notably, the value of stocks shrank by $2.3 trillion, while the value of real estate holdings declined for the third consecutive quarter, falling by $227 billion. This reflects the current sluggish state of the real estate market.
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