U.S. Household Debt Exceeds $14 Trillion for the First Time

Americans increased their borrowing for the 22nd straight quarter as more households took out loans to buy homes or refinance existing mortgages, according to a report released today from the Federal Reserve Bank of New York.Total U.S. household debt rose by $601 billion in the fourth

Publisher: Yahoo Finance | Author: Alex Tanzi

TAGS
deficits and economy
DATE PUBLISHED
2020-02-11 (Modified: 2020-02-19)

STAR RATING
[Total: 0   Average: 0/5]
VIEW RESOURCE
https://finance.yahoo.com/news/u-household-debt-exceeds-14-160303784.html?soc_src=social-sh&soc_trk=fb

Leave a Reply