• The assets of the financial services sector grew 8.8 percent, from $41.6 trillion in 2003 to $45.3 trillion in 2004.

  • Excluding real estate, the financial services sector’s contribution to the gross domestic product totaled 7.9 percent in 2004.

  • U.S. households' financial assets doubled from $16.2 trillion in 1994 to $32.9 trillion in 2004.

  • Household debt rose 11.2 percent and business debt rose 4.8 percent from 2003 to 2004.

  • Insurance fee income reported by banks rose to $4.3 billion in 2004 from $3.6 billion in 2003.

  • Investment fee income reported by banks fell from $10.2 billion in 2003 to $9.8 billion in 2004.



(1) Does not include terminated deals.
(2) At announcement.

Source: SNL Financial LC.