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US Household Debt Hits Record High, Report Says

U.S ... report released Wednesday by the New York Federal Reserve Bank. The figure isn’t adjusted for inflation or population size. Officials at the New York Fed say that while the figure is at historic levels, there is no reason to panic. “This record ... read more

Household debt falls to record low in 4Q

A measure of the burden of U.S. household ... while a report last month from the New York Federal Reserve Bank said consumer debt rose in the last three months of 2012 for the first time in four years. A HELPING HAND FROM THE FED Near record low interest ... read more

Household Debt Hits Record as Auto Loans and Credit Cards Climb

U.S. household debt reached a new record of $12.8 trillion in the second ... now $1.7 trillion higher than it was in 2013, according to the Federal Reserve Bank of New York's quarterly report on household debt and credit. While overall debt has increased ... read more

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Americans Look for Relief as Consumer Debt Levels Continue to Break Records

Consolidated Credit sees a 30% increase in calls as more Americans look for solutions to record-high debt levels ... Total U.S. household debt hit an all-time high of $13.15 trillion at the end of 2017, according to Federal Reserve Bank of New York's ... read more

US households owe record amount, topping pre-recession peak

WASHINGTON (AP) — U.S. household debt reached a record high in ... remain below pre-recession levels. Those changes suggest households are still cautious about taking on debt to fuel day-to-day consumption. The Federal Reserve Bank of New York said ... read more

The Good (And Bad) Of The U.S. Housing Market

The Federal Reserve recently updated its calculation of U.S. households' debt service burdens as of Q2 2017. While total household liabilities climbed to a record $15.2 trillion ... As long as rates remain near the levels of the last 5-6 years, the ... read more

Consumers borrowing inches up, says Fed

The Federal Reserve reports that total consumer ... rate down to 4.3 percent, its lowest level in 16 years. The Federal Reserve Bank of New York reported last month that U.S. household debt had reached a record high in the first quarter of 2017, topping ... read more

Household Wealth Rises along with Consumer Confidence

U.S. household debt ... fourth quarter, the Federal Reserve said on Thursday in its quarterly Flow of Funds report. It was the steepest gain since the first quarter of 2008 and only the third quarter since then in which debt levels rose. read more

U.S. Household Debt up $193 Billion to $13.15 Trillion to End 2017

U.S. household debt rose for the 14th straight quarter in the final three months of 2017, pushing further into record territory as confident Americans added to mortgage loans and credit-card balances. The Federal Reserve Bank of New York said Tuesday that ... read more


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