U.S. Housing Starts and New One Family Houses

U.S. Housing Starts and New One Family Houses U.S. housing starts surged 22.6% in July. Usually, a continued downturn may signal a contraction of the economy. And historically, a decline in residential real estate has led several recessions. But housing is already in a slump and shouldn’t cause a recession.

U.S. Household Net Worth to GDP

U.S. Household Net Worth to GDP Rich people are getting richer during the coronavirus pandemic. U.S. household net worth to GDP hit a new record high. Image: Morgan Stanley Research

U.S. Household Debt and Credit

U.S. Household Debt and Credit Aggregate household debt balances declined by $34bn and stand at $14.27tn. This is the first decline since 2014. Image: Federal Reserve Bank of New York

Composition of Household Total Assets

Composition of Household Total Assets Chinese households are under invested in equities, with only 7% of total assets compared to 32% for U.S. households. Image: Goldman Sachs Global Investment Research

Personal Saving Rate and U.S. Household

Personal Saving Rate and U.S. Household Savings rate hits its highest level in 40 years, as Americans are accumulating cash. Image: BofA Research Investment Committee

U.S. Household and Personal Saving Rate

U.S. Household and Personal Saving Rate Americans are accumulating cash, as savings rate hits its highest level since 1981. The Daily Shot – The Wall Street Journal