Wednesday, 20 of June of 2018

Economics. Explained.  

Consumer Net Worth

April 27, 2017

Consumer net worth rose $2.0 trillion in the fourth quarter.  That works out to an annualized rate of increase of 8.6%.  Over the past year consumer net worth has increased 7.8%.

The growth in net worth reflects both the steady increase in stock prices during the course of the past several years, and the growth in home prices.

This high and climbing level of  net worth should encourage consumers to spend at  roughly a 2.5% pace in 2018.

Stephen Slifer

NumberNomics

Charleston, SC


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