Total Household Assets

Total assets held by U.S. households and nonprofits — the broadest measure of national wealth

205.6$T

Trend YoY growth is +5.5%, slowing by 4 bps/month over the last 4Y. Latest: +8.0%, 2.4 pp above trend, a 0.4σ deviation. The latest YoY reading is depressed by 1.9 pp due to an tough comparison base from Oct 1.

Level

YoY %

y = 7.6% 4 bps/mo · t

Deviation from trend

Forecast

Rolling 1Y trend forecast

Forecast made inNov '24Dec '24Jan '25Feb '25Mar '25Apr '25May '25Jun '25Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Nov '24+8.5%+8.5%+8.5%+8.5%+8.5%+8.5%+8.5%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%
Dec '24+8.5%+8.5%+8.5%+8.5%+8.5%+8.5%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%+8.4%
Jan '25+5.6%+5.2%+4.9%+4.5%+4.1%+3.7%+3.4%+3.0%+2.6%+2.2%+1.9%+1.5%+1.1%+0.7%+0.4%+0.0%-0.4%-0.7%-1.1%-1.5%-1.9%-2.2%
Feb '25+5.2%+4.9%+4.5%+4.1%+3.7%+3.4%+3.0%+2.6%+2.2%+1.9%+1.5%+1.1%+0.7%+0.4%+0.0%-0.4%-0.7%-1.1%-1.5%-1.9%-2.2%
Mar '25+4.9%+4.5%+4.1%+3.7%+3.4%+3.0%+2.6%+2.2%+1.9%+1.5%+1.1%+0.7%+0.4%+0.0%-0.4%-0.7%-1.1%-1.5%-1.9%-2.2%
Apr '25+4.6%+4.1%+3.6%+3.0%+2.5%+2.0%+1.4%+0.9%+0.4%-0.2%-0.7%-1.2%-1.8%-2.3%-2.8%-3.4%-3.9%-4.4%-5.0%
May '25+4.1%+3.6%+3.0%+2.5%+2.0%+1.4%+0.9%+0.4%-0.2%-0.7%-1.2%-1.8%-2.3%-2.8%-3.4%-3.9%-4.4%-5.0%
Jun '25+3.6%+3.0%+2.5%+2.0%+1.4%+0.9%+0.4%-0.2%-0.7%-1.2%-1.8%-2.3%-2.8%-3.4%-3.9%-4.4%-5.0%
Jul '25+6.2%+6.2%+6.2%+6.2%+6.2%+6.2%+6.2%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%
Aug '25+6.2%+6.2%+6.2%+6.2%+6.2%+6.2%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%
Sep '25+6.2%+6.2%+6.2%+6.2%+6.2%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%+6.1%
Oct '25+8.2%+8.6%+9.1%+9.5%+9.9%+10.3%+10.7%+11.2%+11.6%+12.0%+12.5%+12.9%+13.3%