U.S. Housing Starts and New One Family Houses

U.S. Housing Starts and New One Family Houses U.S. housing starts rose 4.9% in October. 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