Rising equity markets added $4.9 trillion to household assets in the fourth quarter and rising real estate values added around $900 billion, the report showed.Balances in cash, checking accounts, and savings deposits rose by a combined $642.7 billion in the fourth quarter to a record $14.1 trillion. Household wealth rose $12 trillion from the year-earlier period.

The U.Sคำพูดจาก สล็อตเว็บตรง. central bank’s latest report on household, business and government financial accounts covered the period from October through Decemberคำพูดจาก สล็อต เว็บตรง. It does not provide a breakdown of higher-income families versus poor ones, and masks the very different experiences of those with jobs and those without.But it does serve as a snapshot of the overall state of family finances as millions of out-of-work Americans exhausted their unemployment benefits, job growth slowed, and COVID-19 cases surged, and just before the effects of last year’s $892 billion pandemic relief package kicked in.Money from that package, which included $600 checks to most Americans, additional unemployment benefits, and aid to small businesses, did not start flowing until the start of this year.And households stand to receive a new round of aid starting as early as next week, when most Americans will get an additional $1,400 check as part of a $1.9 trillion aid package passed by Congress and expected to be signed by President Joe Biden this week.Overall household debt rose in the fourth quarter at an annualized rate of 6.5% compared to a rise of 5.7% in the third quarter, as home mortgage borrowing increased, the report showed.Total mortgage debt hit $10.9 trillion, the report showed.Non-financial business debt rose at a 0.8% annualized rate, up from a 0.5% pace in the previous quarter.Government borrowing rose at a 10.9% annualized rate versus 9.1% in the prior quarter.