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Deleveraging and Recent Trends in Household Debt

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Abstract

After falling for almost five years, household debt (measured in dollars) has risen in each of the last seven quarters, as the primary forces exerting downward pressure on household debt in previous years (mortgage charge-offs and negative net mortgage originations) have waned, while consumer credit has been expanding at a robust pace.

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  • Ivan Vidangos, 2015. "Deleveraging and Recent Trends in Household Debt," FEDS Notes 2015-04-06, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2015-04-06
    DOI: 10.17016/2380-7172.1516
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    File URL: https://www.federalreserve.gov/econresdata/notes/feds-notes/2015/deleveraging-and-recent-trends-in-household-debt-20150406.html
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    Cited by:

    1. Andreas Fuster & Benedict Guttman-Kenney & Andrew F. Haughwout, 2018. "Tracking and stress-testing U.S. household leverage," Economic Policy Review, Federal Reserve Bank of New York, issue 24-1, pages 35-63.

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