N.Y. Fed: Household Debt to Top Record Later This Year
U.S. household debt levels are expected to set a new record later this year, according to economists at the Federal Reserve Bank of New York today.
Browsing: Household debt and credit
Household Debt Jumps to End 2016
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.
Credit Card Market Expands in Third Quarter
New credit card accounts rose 10.7 percent year-on-year in the third quarter of 2016 to total 87.3 million, according to the latest edition of ABA’s Credit Card Market Monitor released today.
Household Debt Rises Slightly in Third Quarter
Outstanding household debt increased in the third quarter, rising by 0.5 percent to $12.35 trillion, the Federal Reserve Bank of New York said today.
Household Debt Rises Slightly in Second Quarter
Outstanding household debt increased in the second quarter, rising by 0.3 percent to $12.29 trillion, the Federal Reserve Bank of New York said yesterday.
CardHub: Outstanding Credit Card Debt Could Hit $1T in 2016
Outstanding credit card balances could reach $1 trillion by the end of 2016, according to a CardHub study released last week.
Household Debt Rises in First Quarter
Outstanding household debt increased in the first quarter, rising by 1.1 percent to $12.25 trillion, the Federal Reserve Bank of New York said today.
New York Fed: Household Debt Up Slightly in Second Quarter
Outstanding household debt rose a very slight $2 billion in the second quarter — reaching $11.85 trillion — the Federal Reserve Bank of New York said today.