Tuesday, November 25, 2014

Good news again:


Aggregate household debt balances increased slightly in the third quarter of 2014. As of September 30, 2014, total household indebtedness was $11.71 trillion, up by 0.7 percent from its level in the second quarter of 2014, an increase of $78 billion. Overall household debt still remains 7.6 percent below its 2008 Q3 peak of $12.68 trillion.

Source:http://www.newyorkfed.org/microeconomics/hhdc.html#/2014/q3

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