U.S. net worth, a measure of households' assets minus their liabilities, such as debt, was $51.5 trillion in 2008, the lowest since 2003.
Other details from the report:
•The value of household real estate fell for a second-consecutive year in 2008, declining 10.5%, the biggest drop on record.
•Stock market wealth plunged a record 39.9% in 2008 to $5.5 trillion.
•Corporate profits fell 10.8% in the September-December quarter and were down 8.8% for the year as a whole.
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