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Tag Archives: US household debt

Bill McBride — NY Fed Q1 Report: “Total Household Debt Rises for 19th Straight Quarter, Now Nearly $1 Trillion Above Previous Peak”

At some point private debt becomes unsustainable by income. There is nothing in the report to suggest that this point is closely approaching from the household side, however, although there has been some noise about rising corporate debt and its quality. Calculated RiskNY Fed Q1 Report: "Total Household Debt Rises for 19th Straight Quarter, Now Nearly $1 Trillion Above Previous Peak"Bill McBride

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