Share of U.S. Household Assets · Deposits and Debt Securities (Fed Z.1)

## What this measures

The value of deposits (including money market fund shares) and debt securities held by U.S. households and nonprofit organizations, as a percentage of their total assets (household.z1.assets.total), at the end of each quarter: deposits (household.z1.assets.deposits) plus debt securities (household.z1.assets.debt_securities), divided by total assets. Palanor's arithmetic on the Federal Reserve's Financial Accounts (Z.1), table B.101. The six shares in this family (household.z1.asset_share.*) add up to 100.

## Why it matters

The mix of household wealth shows how exposed families are to house prices, the stock market and interest rates, and how that exposure has changed across decades.

## How to read it

Percent of total assets. A rising share can mean the asset grew or the others shrank; compare with the dollar levels.

## What it does not say

End-of-quarter levels in nominal dollars, not adjusted for inflation. Market values move with house and stock prices as much as with saving. The sector includes nonprofit organizations (charities, universities, foundations) as well as households, and the Fed revises past quarters with every release.

## Source

Board of Governors of the Federal Reserve System, Financial Accounts of the United States (Z.1), table B.101, via FRED (Federal Reserve Bank of St. Louis). Public domain. Shares calculated by Palanor.