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== The Wealth Effect == | |||
<ref>https://www.investopedia.com/articles/investing/012714/study-wealth-effect-and-economy.asp#citation-5</ref> | |||
== Developments == | == Developments == | ||
Line 353: | Line 356: | ||
|42.03 | |42.03 | ||
|8.34 | |8.34 | ||
|} | |||
==== Assest ==== | |||
{| class="wikitable" | |||
!Wealth component<ref>https://www.federalreserve.gov/releases/z1/dataviz/dfa/compare/chart/#quarter:135;series:Assets;demographic:generation;population:all;units:levels;range:1990.4,2023.2</ref> | |||
US$ Trillions | |||
!Silent and Earlier | |||
!Baby Boomer | |||
!GenX | |||
!Millennial | |||
|- | |||
|Real estate | |||
|5.02 | |||
|19.34 | |||
|14.64 | |||
|5.51 | |||
|- | |||
|Consumer durable goods | |||
|0.73 | |||
|2.95 | |||
|2.56 | |||
|1.59 | |||
|- | |||
|Corporate equities and mutual fund shares | |||
|5.76 | |||
|21.21 | |||
|10.21 | |||
|0.91 | |||
|- | |||
|Defined benefit pension entitlements | |||
|1.44 | |||
|10.49 | |||
|5.1 | |||
|1.54 | |||
|- | |||
|Defined contribution pension entitlements | |||
|0.48 | |||
|5.98 | |||
|4.84 | |||
|1.13 | |||
|- | |||
|Private businesses | |||
|1.64 | |||
|7.85 | |||
|6.06 | |||
|1.49 | |||
|- | |||
|Other assets | |||
|4.16 | |||
|14.34 | |||
|5.76 | |||
|2.05 | |||
|} | |||
==== Liabilities ==== | |||
{| class="wikitable" | |||
!Wealth component | |||
US$ Trillions<ref name=":0">https://www.federalreserve.gov/releases/z1/dataviz/dfa/compare/chart/#quarter:135;series:Liabilities;demographic:generation;population:all;units:levels;range:1990.4,2023.2</ref><ref name=":0" /> | |||
!Silent and Earlier | |||
!Baby Boomer | |||
!GenX | |||
!Millennial | |||
|- | |||
|Home mortgages | |||
|0.47 | |||
|3.38 | |||
|5.33 | |||
|3.66 | |||
|- | |||
|Consumer credit | |||
|0.17 | |||
|1.06 | |||
|1.57 | |||
|2.14 | |||
|- | |||
|Other liabilities | |||
|0.13 | |||
|0.61 | |||
|0.23 | |||
|0.08 | |||
|} | |} | ||
== References == | == References == |