Household Debt Continues to Climb
Outstanding household debt increased by 1.4% in the second quarter of 2019, rising by $192 billion to land at $13.86 trillion, the Federal Reserve Bank of New York reported today.
Outstanding household debt increased by 1.4% in the second quarter of 2019, rising by $192 billion to land at $13.86 trillion, the Federal Reserve Bank of New York reported today.
Outstanding household debt increased by 0.9% in the first quarter of 2019, rising by $124 billion to land at $13.67 trillion, the Federal Reserve Bank of New York reported today.
The good news is that both borrowers and lenders continue to exercise discipline and consumers are still in very strong financial shape.
Outstanding household debt increased by 0.2 percent in the fourth quarter of 2018, rising by $32 billion to land at $13.54 trillion, the Federal Reserve Bank of New York reported today.
Outstanding household debt increased by 1.6 percent in the third quarter of 2018, rising by $219 billion to land at $13.51 trillion, the Federal Reserve Bank of New York reported today.
Outstanding household debt increased by 0.6 percent in the second quarter of 2018, rising by $82 billion to land at $13.29 trillion, the Federal Reserve Bank of New York said today.
Outstanding household debt increased by 1.5 percent in the fourth quarter of 2017, rising by $193 billion to land at $13.15 trillion, the Federal Reserve Bank of New York said today.
Outstanding household debt increased by 0.9 percent in the third quarter, rising by $116 billion to total $12.96 trillion, the Federal Reserve Bank of New York said today.
Outstanding household debt increased by 0.9 percent in the second quarter, rising by $114 billion to total $12.84 trillion, the Federal Reserve Bank of New York said today.
Outstanding household debt increased by a 1.2 percent in the first quarter, rising by $149 billion to a new record level of $12.73 trillion, the Federal Reserve Bank of New York said yesterday. The quarterly increase brought household debt above its 2008 peak and was driven by increases in nearly every debt category. The first