17:16 - 10.03.2023

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March 10, Fineko/abc.az. The U.S. Federal Reserve System (FRS) has published the report “U.S. Financial Accounts” for the period from October to December 2022.

ABC.AZ reports that the net worth of households in the U.S. in the 4th quarter of 2022 increased by 2% compared with the previous quarter to $147.7 trillion.

Household wealth, which grew by 2% in the last quarter of 2022 compared to the previous quarter, decreased by 2.7% compared to the same period in 2021.

In the last quarter of 2022, the stock price increased by $2.7 trillion. And the value of real estate decreased by $100 billion.

The growth of U.S. household debt fell from 6.2% to 2.3% in the 4th quarter of last year.