ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Economy

Household Debt Jumps to End 2016

February 16, 2017
Reading Time: 1 min read

Outstanding household debt increased by a robust 1.8 percent in the final quarter of 2016, rising by $226 billion to $12.58 trillion, the Federal Reserve Bank of New York said today. The quarterly increase was driven by increases in every debt category, with strong growth in mortgage originations, auto loans, student loans at 2.4 percent and especially credit card debt at 4.3 percent. The total level of household debt is now less than a percentage point below its peak in the third quarter of 2008.

Overall delinquency rates were stable in the fourth quarter at 4.8 percent of outstanding balances. Auto debt delinquencies continued to deteriorate. Consistent with other data, lenders focused more on borrowers with higher credit scores for auto and mortgage loans.

Tags: Household debt and credit
ShareTweetPin

Related Posts

ABA unveils key policy priorities for 2025

Senate Banking Committee postpones vote on crypto market structure bill

Newsbytes
January 14, 2026

Senate Banking Committee Chairman Tim Scott (R-S.C.) delayed a scheduled committee vote on cryptocurrency market structure legislation. More than 10,000 bankers have sent letters to Senate offices in recent days calling on Congress to use the bill to...

FHFA to create affordable housing advisory committee

HUD proposes to remove disparate impact from Fair Housing Act rule

Compliance and Risk
January 14, 2026

The Department of Housing and Urban Development is proposing to rescind three rules allowing the use of disparate impact in determining Fair Housing Act violations.

Business inventories rise in February

Business inventories rose in October

Economy
January 14, 2026

Business inventories in October 2025 came in at $2.68 trillion, up 0.3% from the month prior and up 1.1% from a year ago, the Commerce Department said.

Producer price index increased 0.5% in April

Producer prices rose in November

Economy
January 14, 2026

The Producer Price Index for final demand increased 0.2% in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. Final demand prices edged up 0.1% in October and advanced 0.6% in September. On an unadjusted basis, the...

Poll: Small businesses remain optimistic amid economic uncertainty

NFIB: Small business optimism rose in December

Economy
January 14, 2026

The NFIB Small Business Optimism Index rose 0.5 points in December to 99.5 and remained above its 52-year average of 98, according to the National Federation of Independent Business. The Uncertainty Index fell seven points from November to...

Financial Stability Board releases 2025 G-SIB list

Beige Book: Economic activity inched up at end of 2025

Economy
January 14, 2026

Overall economic activity increased at a slight to modest pace in eight of the twelve Federal Reserve Districts in the final months of 2025, with banking conditions reported as stable or improving, the Fed said in its first...

NEWSBYTES

HUD proposes to remove disparate impact from Fair Housing Act rule

January 14, 2026

Business inventories rose in October

January 14, 2026

Producer prices rose in November

January 14, 2026

SPONSORED CONTENT

Seeing More Check Fraud and Scams? These Educational Online Toolkits Can Help

Seeing More Check Fraud and Scams? These Educational Online Toolkits Can Help

November 1, 2025
5 FedNow®  Service Developments You May Have Missed

5 FedNow® Service Developments You May Have Missed

October 31, 2025

Cash, Security, and Resilience in a Digital-First Economy

October 20, 2025
Rethinking Outsourcing: The Value of Tech-Enabled, Strategic Growth Partnerships

Rethinking Outsourcing: The Value of Tech-Enabled, Strategic Growth Partnerships

October 1, 2025

PODCASTS

Podcast: The incredible shrinking penny (circulation)

January 8, 2026

Podcast: Cybersecurity in a mobile-first banking landscape

December 18, 2025

Podcast: The 2026 outlook for bank M&A

December 11, 2025

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.