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By Augusta Saraiva

June 12, 2025 at 4:21 PM UTC

US household worth declined at the start of the year for the first time in since 2023 as Americans contended with a tariff-driven stock market selloff.

Household net worth decreased $1.6 trillion, or 0.9% from the prior quarter, to $169.3 trillion, a Federal Reserve report showed Thursday. The value of Americans’ equity holdings decreased $2.3 trillion.