Thursday, December 11, 2008

Total Household Net Worth as Percent of GDP

by Bill McBride on 12/11/2008 03:31:00 PM

Some more data from the Fed's Q3 2008 Flow of Funds report ...

Household Net Worth as Percent of GDP Click on graph for larger image in new window.

This is the Households and Nonprofit Net Worth as a percent of GDP.

This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc) net of liabilities (mostly mortgages).

This ratio was relatively stable for almost 50 years, and then ... bubbles!

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