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JUST RELEASED: Total household debt grew by $124 billion over the first quarter of 2019, boosted by increases in mortgage, auto, and student loan balances. nyfed.org/2W2kgpI #HHDC
Aggregate household debt balances ticked up in the first quarter of 2019 for the 19th consecutive quarter, and are now $993 billion (7.8%) higher than the previous (2008Q3) peak of $12.68 trillion. #HHDC
As of March 31, 2019, total household indebtedness was $13.67 trillion, a $124 billion (0.9%) increase from the fourth quarter of 2018. Overall household debt is now 22.5% above the 2013Q2 trough. #HHDC
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