U.S. Household Debt

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A U.S. Household Debt is a household debt held by a U.S. household.



References

2019b

2019c

2014

  • http://en.wikipedia.org/wiki/Household_debt#United_States_household_debt_statistics
    • U.S. household (HH) debt (measured by the FRED variable "CMDEBT")[1] rose relative to both GDP and disposable income over the 1980 to 2011 period.
      • Household debt as a % disposable income rose from 68% in 1980 to a peak of 128% in 2007, prior to dropping to 112% by 2011.
      • Household debt as a % nominal GDP rose from 47% in 1980 to a peak of 94% in 2009, prior to dropping to 77% in 2012.[2]
      • U.S. household debt rose from nearly zero in the 1950s to $13.8 trillion in 2008, before declining to $12.9 trillion by Q2 2012.[3]
    • Consumer credit outstanding includes credit cards, auto loans, student loans, and other types of household debt, but excludes mortgages. It rose from 14.0% GDP in January 1990 to 18.0% GDP by January 2009. It fell to a trough of 16.4% GDP in July 2010 and was back up to 17.5% GDP by January 2013.[4]

2010

2009

2007

2000