Board of Governors of the Federal Reserve System

Financial Accounts of the United States - Z.1

B.1 Derivation of U.S. Net Wealth

2016:Q3 Release Date: December 8, 2016

Billions of dollars; amounts outstanding end of period, not seasonally adjusted


Description		 Series code 2014
2015
2015
Q1		 2015
Q2		 2015
Q3		 2015
Q4		 2016
Q1		 2016
Q2		 2016
Q3
Line
All sectors; U.S. wealth FL892090005 77788.6 79631.8 79303.8 79776.7 77643.4 79631.8 79826.9 80945.2 82429.7 1
Households and nonprofit organizations; nonfinancial assets FL152010005 28706.7 30473.6 29200.8 29613.9 30020.4 30473.6 30902.6 31380.0 31964.8 2
Households and nonprofit organizations; real estate at market value LM155035005 23200.5 24766.9 23649.7 23996.1 24362.5 24766.9 25126.7 25555.4 26109.8 3
Nonprofit organizations; equipment, current cost basis FL165015205 320.4 331.0 323.9 326.2 328.7 331.0 333.0 334.6 336.6 4
Nonprofit organizations; nonresidential intellectual property products, current cost basis FL165013765 132.8 138.9 134.9 136.7 138.1 138.9 140.9 143.2 145.2 5
Households and nonprofit organizations; consumer durable goods, current cost basis FL155111005 5052.9 5236.8 5092.2 5154.9 5191.1 5236.8 5301.9 5346.8 5373.2 6
Nonfinancial noncorporate business; nonfinancial assets FL112010005 11554.2 12354.9 11829.8 11993.8 12166.6 12354.9 12413.2 12556.0 12721.0 7
Nonfinancial noncorporate business; real estate at market value LM115035005 10186.1 10981.4 10453.1 10610.9 10791.6 10981.4 11062.7 11225.8 11421.0 8
Nonfinancial noncorporate business; equipment, current cost basis FL115015205 849.1 879.5 859.6 868.7 873.0 879.5 874.8 872.9 875.9 9
Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis FL115013765 222.7 233.0 228.6 231.5 233.2 233.0 217.6 198.3 176.6 10
Nonfinancial noncorporate business; inventories FL115020005 296.3 261.0 288.5 282.7 268.8 261.0 258.1 259.0 247.5 11
Security brokers and dealers; proprietors' equity in noncorporate business FL662090205 17.9 14.7 17.6 16.8 17.5 14.7 11.2 10.7 14.4 12
All domestic sectors; corporate equities; liability LM883164105 29959.3 28923.6 30483.2 30186.3 27612.0 28923.6 28834.8 29416.7 30076.9 13
Nonfinancial corporate business; corporate equities; liability LM103164103 22679.3 21678.3 23069.5 22712.3 20658.7 21678.3 21783.1 22158.7 22641.5 14
Domestic financial sectors; corporate equities; liability LM793164105 7279.9 7245.3 7413.7 7474.1 6953.3 7245.3 7051.7 7258.0 7435.4 15
Federal government; nonfinancial assets (does not include land) FL312010095 3269.3 3268.0 3273.4 3269.0 3269.1 3268.0 3263.3 3275.6 3286.1 16
Federal government; total residential and nonresidential structures FL315014665 1511.6 1508.2 1510.8 1508.7 1508.8 1508.2 1499.5 1507.1 1511.2 17
Federal government; nonresidential equipment, current cost basis FL315013265 745.7 743.3 747.1 742.5 742.3 743.3 742.9 742.8 743.6 18
Federal government; nonresidential intellectual property products, current cost basis FL315013765 1012.0 1016.4 1015.5 1017.8 1017.9 1016.4 1020.9 1025.6 1031.3 19
State and local governments, excluding employee retirement funds; nonfinancial assets (does not include land) FL212010095 9969.0 10135.7 9991.9 10078.7 10130.5 10135.7 10132.9 10258.7 10284.4 20
State and local governments, excluding employee retirement funds; total residenital and nonresidential structures FL215014665 9594.3 9755.8 9615.5 9701.0 9751.3 9755.8 9752.1 9876.2 9901.1 21
State and local governments, excluding employee retirement funds; nonresidential equipment, current cost basis FL215013265 249.5 249.5 250.1 250.0 250.1 249.5 249.0 249.4 248.9 22
State and local governments, excluding employee retirement funds; nonresidential intellectual property products, current cost basis FL215013765 125.2 130.4 126.4 127.6 129.1 130.4 131.8 133.1 134.5 23
All domestic sectors; U.S. financial claims on the rest of the world; asset FL882090265 -5687.8 -5538.5 -5492.9 -5381.8 -5572.6 -5538.5 -5731.1 -5952.5 -5917.9 24
Rest of the world; total liabilities and equity FL264194005 17286.0 17237.1 17831.4 17948.3 17183.8 17237.1 17426.7 17661.9 18111.2 25
Rest of the world; foreign corporate equities including foreign investment fund shares; liability LM263164103 6770.6 6828.2 7188.5 7353.3 6605.6 6828.2 6738.8 6770.4 7170.0 26
Rest of the world; total liabilities FL264190005 10515.4 10408.9 10642.9 10595.0 10578.2 10408.9 10687.9 10891.5 10941.2 27
Rest of the world; total financial assets FL264090005 22973.9 22775.6 23324.2 23330.1 22756.4 22775.6 23157.8 23614.3 24029.1 28
Rest of the world; U.S. corporate equities; asset LM263064105 5921.5 5507.3 5972.6 5888.4 5377.9 5507.3 5408.0 5433.5 5679.3 29
Rest of the world; total financial assets excluding U.S. corporate equities and mutual fund shares FL264090035 17052.4 17268.4 17351.7 17441.7 17378.5 17268.4 17749.8 18180.9 18349.8 30
All sectors; U.S. wealth FL892090005 77788.6 79631.8 79303.8 79776.7 77643.4 79631.8 79826.9 80945.2 82429.7 31
All sectors; U.S. wealth FC892090005 4232.6 1843.3 1515.2 472.9 -2133.3 1988.4 195.0 1118.4 1484.4 32
All sectors; U.S. wealth PC892090005 5.8 2.4 1.9 0.6 -2.7 2.6 0.2 1.4 1.8 33
Households and nonprofit organizations; net worth FL152090005 83744.0 87118.0 85678.2 86298.0 85018.0 87118.0 87765.0 88602.9 90196.1 34
Households and nonprofit organizations; net worth FC152090005 4970.9 3374.0 1934.2 619.8 -1279.9 2100.0 646.9 837.9 1593.3 35
Households and nonprofit organizations; net worth PC152090005 6.3 4.0 2.3 0.7 -1.5 2.5 0.7 1.0 1.8 36

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NOTES

  1. U.S. net wealth measures the value of tangible assets controlled by the household and nonprofit organizations, noncorporate business, and government sectors of the U.S. economy and the market value of domestic nonfinancial and financial corporations, net of U.S. financial obligations to the rest of the world (sum of lines 2+7+12+13+16+20+24).
  2. Assumed to be equal to proprietors' equity in noncorporate brokers and dealers.
  3. This measure does not equal the net worth of the nonfinancial corporate business and financial business sectors reported in the Integrated Macroeconomic Accounts (tables S.2.a and S.2.q) because of differences in the valuation of assets.
  4. Excludes land and nonproduced nonfinancial assets.
  5. Household net worth is calculated as the difference between total assets and liabilities of the household and nonprofit organizations sector. See table B.101.
Last update: December 8, 2016