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U.S. household debt near record levels, Federal Reserve report says

Feb. 17 (UPI) --Total U.S. household debt climbed to a near-record $12.58 trillion by the end of 2016, a Federal Reserve Bank of New York report says. February's 33-page "Quarterly Report of Household Debt and Credit" shows that every category of debt ... read more
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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

U.S. Household Debt Jumps To Near Crisis-Era Record, Says NY Fed Survey

U.S. household debt hit near an all-time high in the fourth quarter, reaching $12.58 trillion, as credit was more readily available for mortgage, auto and student loans, a Federal Reserve Bank of ... said in the report. Some 4.8 percent of the debt was ... read more

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Fed Says Household Debt Declines in First Quarter to 2006 Level

U.S. households reduced debt during the first quarter by 1 percent to the lowest level since 2006, resuming a deleveraging trend in the wake of the financial crisis, according to the Federal Reserve Bank of New York. Household debt fell to $11.2 trillion ... read more

US households owe record amount, topping pre-recession peak

WASHINGTON – U.S. household debt reached a record high in the ... 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

U.S. Household Debt Hits a Record

U.S. total household debt jumped to a record 12.7 trillion dollars in the first quarter, exceeding its 2008 peak. The Wall Street Journal's Ben Leubsdorf says job gains and economic growth boosted Americans' incomes and willingness to borrow. If its deal ... read more

U.S. household debt near record levels, Federal Reserve report says

Total U.S. household debt climbed to a near-record $12.58 trillion by the end of 2016, a Federal Reserve Bank of New York report says. February’s 33-page “Quarterly Report of Household Debt and Credit” shows that every category of debt measured ... read more

U.S. household debt near record levels, Federal Reserve report says

Mortgages accounted for 67 percent of the $12.58 billion in U.S. household debt, which February's report by the Federal Reserve Bank of New York says is expected to increase in 2017. The report says the record $12.68 trillion in household debt, set in 2008 ... read more


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