Household net worth rose $1.7T to $64.8T in Q3, according the Fed's Flow of Funds report (if you...

|By:, SA News Editor

Household net worth rose $1.7T to $64.8T in Q3, according the Fed's Flow of Funds report (if you like data dumps, this one is for you). Domestic nonfinancial debt grew 2.4% in Q3, with households continuing to deleverage, but businesses (+4.4%) and the federal government (+6.2%) picking up the slack. From 2002-2006, households added to debt levels at double-digit rates.