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US household debt (not adjusted for inflation) moved up to a fresh record total of $17.94 trillion as of September 30, according to the Federal Reserve Bank of New York’s latest Quarterly Report ...
Americans have been racking up debt very rapidly in the past months. For instance, as of the second quarter of 2023, total household debt rose by $16 billion to reach $17.06 trillion in the second...
The latest quarterly Household Debt and Credit Survey from the New York Fed showed that total U.S. consumer debt was nearly $8 trillion at the end of the third quarter of 2024, a record high.
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Overall household debt grew by 1.1% during the first quarter to $17.69 trillion, according to data that is not adjusted for inflation. The quarterly increase was driven largely by mortgage balances.
(The Center Square) - A new study of Americans credit card debt finds the average household credit card balance as of the third quarter of 2024, was around $10,757 after adjusting for inflation ...
The country’s overall debt load reached a new peak of $17.9 trillion, thanks to across-the-board growth in mortgage, auto, credit card, education, and other consumer debt, according to Federal ...
During the fourth quarter, US household debt hit a fresh high of $17.5 trillion, up 1.2% from the three months before, according to the Federal Reserve Bank of New York’s latest Quarterly Report ...