3,882
edits
Consumer Financial Health: Difference between revisions
→Balances [1]
(→Wealth) |
|||
| Line 3: | Line 3: | ||
== Debt == | == Debt == | ||
=== | === Balances <ref name=":0">https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2022Q4</ref> === | ||
[[File:Debt balances.PNG|thumb|401x401px|https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2022Q4]] | [[File:Debt balances.PNG|thumb|401x401px|https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2022Q4]] | ||
Aggregate household debt balances increased by $394 billion in the fourth quarter of 2022, a 2.4% rise from 2022Q3. Balances now stand at $16.90 trillion and have increased by $2.75 trillion since the end of 2019. This is the largest quarterly increase in 20 years. | Aggregate household debt balances increased by $394 billion in the fourth quarter of 2022, a 2.4% rise from 2022Q3. Balances now stand at $16.90 trillion and have increased by $2.75 trillion since the end of 2019. This is the largest quarterly increase in 20 years. | ||