B.1 Derivation of U.S. Net Wealth
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2015 2016 2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1 2017 Q2 2017 Q3 Line
All sectors; U.S. wealth (1) FL892090005 78800.4 83774.5 78902.7 79978.9 82143.9 83774.5 86238 87933.9 89929.8 1
Households and nonprofit organizations; nonfinancial assets LM152010005 30289.2 31990 30602.9 30996.2 31549.5 31990 32477.2 33035.5 33505.7 2
Households and nonprofit organizations; real estate at market value LM155035005 24585.4 26120.3 24841.1 25195.8 25717.7 26120.3 26500.7 27016.7 27428.3 3
Nonprofit organizations; equipment, current cost basis LM165015205 328.1 337.5 330.8 333.1 335.9 337.5 340.1 343 345.6 4
Nonprofit organizations; nonresidential intellectual property products, current cost basis LM165013765 139.3 144.1 140.1 141.3 142.3 144.1 146.4 148.6 150.4 5
Households and nonprofit organizations; consumer durable goods, current cost basis LM155111005 5236.5 5388.1 5291 5326.1 5353.6 5388.1 5489.9 5527.2 5581.4 6
Nonfinancial noncorporate business; nonfinancial assets LM112010005 11991.3 12653.5 12056.6 12236.9 12523.6 12653.5 12704.7 12931.2 13026.1 7
Nonfinancial noncorporate business; real estate at market value LM115035005 10634.8 11275.8 10686.6 10864.3 11158.8 11275.8 11341.5 11593.4 11733 8
Nonfinancial noncorporate business; equipment, current cost basis LM115015205 860.5 882.1 864.6 869.4 877.3 882.1 874.1 861.8 842.9 9
Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis LM115013765 232.3 239.8 238.5 240.7 239.5 239.8 226.6 212 194.2 10
Nonfinancial noncorporate business; inventories LM115020005 263.6 255.8 267 262.6 248 255.8 262.5 264.1 256.1 11
Security brokers and dealers; proprietors' equity in noncorporate business (2) LM662090205 45.4 61 46.5 46.3 62.7 61 62.6 61.8 63 12
All domestic sectors; corporate equities; liability (3) LM883164105 28834.8 31591.7 28763.7 29324.4 30470.5 31591.7 33172.9 33895.3 35125.3 13
Nonfinancial corporate business; corporate equities; liability LM103164103 21525.7 23240.2 21640.3 21990.7 22764.9 23240.2 24451.2 24848.8 25784 14
Domestic financial sectors; corporate equities; liability LM793164105 7309.2 8351.5 7123.4 7333.7 7705.6 8351.5 8721.7 9046.5 9341.3 15
Federal government; nonfinancial assets (does not include land) (4) LM312010095 3268.2 3313.7 3268.1 3283.9 3295.5 3313.7 3330.9 3342.8 3365.1 16
Federal government; total residential and nonresidential structures LM315014665 1509 1543.4 1508.9 1520.9 1529.6 1543.4 1548.4 1548.7 1563.4 17
Federal government; nonresidential equipment, current cost basis LM315013265 744.5 748.1 744.2 746.4 748.6 748.1 749.1 752.1 751.4 18
Federal government; nonresidential intellectual property products, current cost basis LM315013765 1014.7 1022.2 1015 1016.5 1017.4 1022.2 1033.4 1042 1050.3 19
State and local governments, excluding employee retirement funds; nonfinancial assets (does not include land) (4) LM212010095 10098.5 10446 10128.4 10285.2 10347.4 10446 10572.5 10653.3 10785.7 20
State and local governments, excluding employee retirement funds; total residenital and nonresidential structures LM215014665 9718.4 10060.1 9746.8 9901.3 9962.4 10060.1 10184.6 10262.7 10393.3 21
State and local governments, excluding employee retirement funds; nonresidential equipment, current cost basis LM215013265 249.7 251.1 250 251.1 251.4 251.1 251.8 252.9 253.1 22
State and local governments, excluding employee retirement funds; nonresidential intellectual property products, current cost basis LM215013765 130.4 134.8 131.6 132.7 133.6 134.8 136.1 137.7 139.3 23
All domestic sectors; U.S. financial claims on the rest of the world; asset FL882090265 -5726.9 -6281.4 -5963.6 -6193.9 -6105.3 -6281.4 -6082.9 -5986 -5941 24
Rest of the world; total liabilities and equity FL264194005 17315.8 17941.4 17506.9 17787.6 18295.4 17941.4 18867.8 19637.3 20405.8 25
Rest of the world; foreign corporate equities including foreign investment fund shares; liability LM263164103 6756.2 6997 6665.3 6723.6 7144.8 6997 7568.6 8075.2 8570.2 26
Rest of the world; total liabilities FL264190005 10559.7 10944.4 10841.5 11064 11150.6 10944.4 11299.2 11562.1 11835.7 27
Rest of the world; total financial assets FL264090005 23042.8 24222.8 23470.4 23981.5 24400.7 24222.8 24950.6 25623.3 26346.9 28
Rest of the world; U.S. corporate equities; asset LM263064105 5500.9 5770.3 5413.3 5449 5707.7 5770.3 6188.3 6347.4 6624.8 29
Rest of the world; total financial assets excluding U.S. corporate equities and mutual fund shares FL264090035 17541.8 18452.4 18057.2 18532.4 18693.1 18452.4 18762.3 19275.9 19722.1 30
All sectors; U.S. wealth FL892090005 78800.4 83774.5 78902.7 79978.9 82143.9 83774.5 86238 87933.9 89929.8 31
All sectors; U.S. wealth FC892090005 1318.3 4974.1 102.3 1076.3 2164.9 1630.6 2463.5 1695.9 1995.9 32
All sectors; U.S. wealth PC892090005 1.7 6.3 0.1 1.4 2.7 2 2.9 2 2.3 33
Households and nonprofit organizations; net worth (5) FL152090005 86287.3 91692.5 86808.9 87523.8 89730.2 91692.5 93921.1 95197.1 96939.2 34
Households and nonprofit organizations; net worth FC152090005 3007 5405.2 521.6 714.9 2206.4 1962.3 2228.6 1276.1 1742.1 35
Households and nonprofit organizations; net worth PC152090005 3.6 6.3 0.6 0.8 2.5 2.2 2.4 1.4 1.8 36

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 7, 2017