Quarterly, the Federal Reserve releases a Flow of Funds report that rolls up household, business, financial institution, and government money movement. This is a glimpse at whether our debt levels increased or decreased in the previous quarter. It has been a harrowing year for the Flow of Funds.

Here’s a sum-up from Calculated Risk when the last report came out on Dec. 10.

According to the Fed, household net worth is now off $11.9 Trillion from the peak in 2007, but up $4.9 trillion from the trough earlier this year.

Full story is available on HousingCrisis.com