Some Musings on the Economy - Household Assets

While perusing the data published by the Fed, I came across a reference, and from it I constructed this table. It indicates that US national net worth has dropped by over $2 trillion in the two quarters ended last March. Here are the assets and liabilites:

I also made the following to show the changes in assets and liabilities. US households have assets of about $70 trillion and liabilites of about $14.5 trillion. As per the chart, the change in assets began to moderate about January 2003:

The actual data is from the following website, if you are interested. One problem with the data is it includes households and non-profits. I didn't make any attempt to seperate the two for these tables. So there is some inaccuracy.

http://www.federalreserve.gov/releases/z1/Current/z1r-5.pdf