Share of Americans in Financial Distress Reaches High Levels

Masataka Mori and Juan Sanchez

On the Economy from Federal Reserve Bank of St. Louis

Abstract: A smaller share of Americans were in financial distress in 2021 than before the pandemic. Depending on the type of debt, the incidence of financial distress has returned to a high level in 2023.

Keywords: financial; distress (search for similar items in EconPapers)
Date: 2023-12-26
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:97542

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