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- W3009355856 abstract "The latest Quarterly Report on Household Debt and Credit from the New York Fed?s Center for Microeconomic Data showed a substantial increase in aggregate household debt balances in the fourth quarter of 2016 and for the year as a whole. As of December 31, 2016, total household debt stood at $12.58 trillion, an increase of $226 billion (or 1.8 percent) from the third quarter of 2016. Total household debt is now just 0.8 percent ($99 billion) below its third quarter 2008 peak of $12.68 trillion, and 12.8 percent above the second quarter 2013 trough. But debt looks very different in 2016 than it did the last time we saw this level of indebtedness." @default.
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- W3009355856 date "2017-01-01" @default.
- W3009355856 modified "2023-09-26" @default.
- W3009355856 title "Just Released: Total Household Debt Nears 2008 Peak but Debt Picture Looks Much Different" @default.
- W3009355856 hasPublicationYear "2017" @default.
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