Sales: Retail Trade: Car Registration: Passenger Cars for Hungary
Growth rate same period previous year, Quarterly, Seasonally Adjusted
HUNSLRTCR03GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.24
Year-over-Year Change
41.78%
Date Range
1/1/2004 - 10/1/2019
Summary
This economic trend measures the year-over-year growth rate of household net worth on a quarterly basis, adjusted for seasonal variations. It provides important insights into the financial health and savings patterns of U.S. households.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The growth rate of household net worth is a key indicator of the economic well-being of American consumers. It reflects changes in the value of household assets, such as real estate and investments, as well as liabilities like mortgage and consumer debt.
Methodology
The data is calculated by the Federal Reserve using information from the Financial Accounts of the United States.
Historical Context
This trend is closely monitored by policymakers, analysts, and investors to gauge consumer confidence and spending potential.
Key Facts
- Household net worth reached a record high of $142 trillion in Q4 2021.
- The year-over-year growth rate peaked at 19.9% in Q2 2021.
- Real estate assets account for over 30% of total household net worth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of total household net worth on a quarterly basis, with seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of household net worth is an important indicator of consumer financial health and spending power, which is closely watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve using information from the Financial Accounts of the United States.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess consumer confidence, spending patterns, and the overall strength of the economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a typical lag of 3 months.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (HUNSLRTCR03GYSAQ), retrieved from FRED.