Deleveraging and Recent Trends in Household Debt

Posted: 22 Oct 2015

See all articles by Ivan Vidangos

Ivan Vidangos

Board of Governors of the Federal Reserve System

Date Written: April 6, 2015

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.

Suggested Citation

Vidangos, Ivan, Deleveraging and Recent Trends in Household Debt (April 6, 2015). FEDS Notes 2015-04-06 https://doi.org/10.17016/2380-7172.1516, Available at SSRN: https://ssrn.com/abstract=3716483

Ivan Vidangos (Contact Author)

Board of Governors of the Federal Reserve System ( email )

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Washington, DC 20551
United States

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