Stories Tagged as
Consumer debt
Latest figures show rising consumer debt
Jan 9, 2024
Debt levels are rising and interest rates remain high. Delinquencies are also on the rise.
Credit card debt is rising. Again.
Feb 20, 2023
Card debt, which fell during the pandemic, is at a record $986 billion, according to the New York Fed. Delinquencies are rising too.
Consumer debt is becoming more of a burden
by
Justin Ho
Feb 7, 2023
Consumer debt levels have been rising. While wage gains have helped people pay off debt, those gains have been slowing down.
Consumer credit is up almost 7% since this time last year
Dec 8, 2022
Credit card balances alone were up 15% in the third quarter. Higher prices for necessities and higher interest rates are contributing factors.
Black Friday riddle: Consumers are financially stressed, but still spending
Nov 25, 2022
Their debt levels are rising as the holiday shopping season ramps up. It helps that unemployment is low.
Using coronavirus relief to pay down credit cards
Aug 6, 2020
Credit card debt was down by $76 billion in the second quarter, the steepest decline in card balances since tracking started.
Consumer spending rises, along with consumer debt
Aug 30, 2019
The U.S. Commerce Department delivered new evidence on Friday that the American consumer is helping to fuel economic growth.
For public good, not for profit.
U.S. household wealth hits record high
by
Ben Bradford
Jun 7, 2019
A new report from the Federal Reserve finds the net worth of American households and nonprofits reached almost $109 trillion.
Millennials, like Baby Boomers, struggle with lifelong debt
by
Janet Babin
Jan 21, 2019
A recent survey points out that one in 10 millennials thinks they will die in debt. Click the audio player above to hear the full story.
Household debt is at an all-time high as holiday spending season arrives
Nov 20, 2018
The total debt carried by Americans has reached yet another record high — $13.5 trillion in the last quarter, according to the Federal Reserve Bank of New York. Household debt is now $837 billion higher than its previous peak in 2008. What’s behind rising household debt, and is it something to be concerned about, especially […]