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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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At the Fed, spring comes early with return to new "normal"

WASHINGTON(Reuters) - U.S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation is nearing the Federal Reserve's 2.0 percent goal ... 0.75 - 1.00 percentage points, near the bottom of the range within which ... 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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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 ... rising to a record $986 billion. “Household ... read more

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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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