EconPapers    
Economics at your fingertips  
 

Just Released: Household Debt Balances Increase as Deleveraging Period Concludes

Andrew Haughwout, Donghoon Lee (), Joelle Scally and Wilbert van der Klaauw ()

No 20141125, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: The New York Fed released the Quarterly Report on Household Debt and Credit for the third quarter of 2014 today. Balances continued to rise slightly, with an overall increase of $78 billion. The aggregate household debt balance now stands at $11.71 trillion, up 0.7 percent from the previous quarter, but still well below the peak of $12.68 trillion in the third quarter of 2008.

Keywords: Defaults; Mortgages; Deleveraging; Consumer debt; Foreclosures (search for similar items in EconPapers)
JEL-codes: D1 (search for similar items in EconPapers)
Date: 2014-11-25
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://libertystreeteconomics.newyorkfed.org/2014 ... eriod-concludes.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fednls:86996

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Liberty Street Economics from Federal Reserve Bank of New York Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2020-07-13
Handle: RePEc:fip:fednls:86996