A Snapshot of Record-High U.S. Household Debt

Mark Catanzaro

Open Vault from Federal Reserve Bank of St. Louis

Abstract: Total housing debt hit $9.95 trillion at the end of 2019, a level not seen since late 2008 in nominal terms. Student and auto loans rose by about 150% and 50% over that period, making up increasing shares of U.S. household debt.

Date: 2020-04-21
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:102590

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