NY Fed – Household Debt Edges Up as Auto, Credit Card, and Student Debt Climb
beSpacific 2017-03-14
Summary:
“The Center for Microeconomic Data’s latest Quarterly Report on Household Debt and Credit reveals that total household debt increased by 1.8% in the fourth quarter of 2016, rising $226 billion to reach $12.58 trillion, only 99 billion shy of its 2008 third quarter peak. Balances increased across all debt products, with a 1.6% increase in […]