- Mortgage +1.6%
- Auto Loan +0.7%
- Credit Card +3.2%
- Student Loan 1.5%
Source: NewYorkFed.Org
To put things in perspective, here is a chart (up to 2017 Q3 only) US Total Debt vs GDP
Source: StLouisFed.org
Wednesday, February 14, 2018
Household Debt Jumps as 2017 Marks the Fifth Consecutive Year of Annual Growth
2017 Q4 US Household Debt increased $193 billion reaching a new height of $13.15 trillion. Increases breakdown as follows:
Source: NewYorkFed.Org
To put things in perspective, here is a chart (up to 2017 Q3 only) US Total Debt vs GDP
Source: StLouisFed.org
Source: NewYorkFed.Org
To put things in perspective, here is a chart (up to 2017 Q3 only) US Total Debt vs GDP
Source: StLouisFed.org
