Survey: Consumers worried about continued Fed rate hikes
The cost of existing credit card debt continues to rise as the Federal Reserve has increased interest rates this year—so far, by $4.9 billion, according to a recent WalletHub survey.
Browsing: Household debt and credit
N.Y. Fed: Household spending expectations rise in May
Americans’ expectations for how much more they will spend in the next year increased sharply to 9% in May from 8% the month earlier. It is the fifth consecutive increase and a new high, according to the Federal Reserve Bank of New York.
Household debt ticks up slightly in Q1
Total household debt increased by 1.7% to $15.84 trillion in the first quarter of this year, the Federal Reserve Bank of New York reported.
Household Debt Rises by $333 Billion in Fourth Quarter of 2021
Total household debt increased 2.2% in the fourth quarter of 2021, rising by $333 billion to land at $15.58 trillion, the Federal Reserve Bank of New York reported today.
Household Debt Rises by $286 Billion in Third Quarter
Total household debt increased 1.9% in the third quarter of 2021, rising by $286 billion to land at $15.24 trillion, the Federal Reserve Bank of New York reported today.
Household Debt Rises by $313 Billion in Second Quarter
Total household debt increased 2.1% in the second quarter of 2021, rising by $313 billion to land at $14.96 trillion, the Federal Reserve Bank of New York reported today.
Household Debt Rises by $85 Billion in First Quarter
Outstanding household debt increased 0.6% in the first quarter of 2021, rising by $85 billion to land at $14.64 trillion, the Federal Reserve Bank of New York reported today.
Household Debt Rises by $206 Billion in Fourth Quarter
Outstanding household debt rose by 1.4% in the fourth quarter of 2020, rising by $206 billion to land at $14.56 trillion, the Federal Reserve Bank of New York reported today.
ABA Data Bank: U.S. Households Continue to Manage Debt Levels in Q3
The share of household debt to disposable income remained well below the historical average in the third quarter of 2020, despite debt inching up 0.56% and disposable income declining 3.3% as federal stimulus payments tapered off.
Household Debt Rises by $87 Billion in Third Quarter
Household debt rose by 0.6% in the third quarter of 2020, rising by $87 billion to land at $14.35 trillion, the Federal Reserve Bank of New York reported today.