InvestmentWiki

Household Debt and Credit: US: Difference between revisions

Page Discussion

Household Debt and Credit: US (view source)

Revision as of 18:29, 6 February 2024

1,815 bytes added ,  6 February 2024
no edit summary
VisualWikitext
No edit summary
No edit summary
Line 159: Line 159:
|0.529
|0.529
|17.291
|17.291
|-
|23:Q4
|12.252
|0.360
|1.607
|1.129
|1.601
|0.554
|17.503
|}
=== Q4 2023 ===
The report shows total household debt increased by $212 billion (1.2%) in the fourth quarter of 2023<ref>https://www.newyorkfed.org/newsevents/news/research/2024/20240206</ref>
* Mortgage originations continued at a similar pace as seen in the previous two quarters, and now stand at $394 billion.
* Aggregate limits on credit card accounts increased modestly by $74 billion, representing a 1.6% increase from the previous quarter.
* Limits on HELOC grew by $24 billion and have grown by 10% over the past two years, after 10 years of observed declines.
{| class="wikitable"
|'''CATEGORY'''
|'''QUARTERLY  CHANGE *'''
'''(BILLIONS $)'''
|'''ANNUAL  CHANGE**'''
'''(BILLIONS  $)'''
|'''TOTAL AS OF Q4 2023'''
'''(TRILLIONS $)'''
|-
|Mortgage Debt
|(+) $112
|(+) $329
|$12.25
|-
|Home Equity Line Of  Credit
|(+) $11
|(+) $24
|$0.36
|-
|Student Debt
|(+)  $2
|(+) $6
|$1.601     
|-
|Auto Debt
|(+) $12
|(+) $55
|$1.61
|-
|Credit Card Debt
|(+) $50
|(+) $143
|$1.13
|-
|Other
|(+) $25
|(+) $47
|$0.55
|-
|Total Debt
|(+)  $212
|(+) $604
|$17.50
|}
'''Flow into Serious Delinquency (90 days or more delinquent)'''
{| class="wikitable"
|'''CATEGORY''' 1
|'''Q4 2022'''
|'''Q4 2023'''
|-
|Mortgage Debt
|0.57%
|0.82%
|-
|Home Equity Line Of Credit
|0.51%
|0.45%
|-
|Student Loan Debt
|1.02%
|0.79%
|-
|Auto Loan Debt
|2.22%
|2.66%
|-
|Credit Card Debt
|4.01%
|6.36%
|-
|Other
|3.96%
|5.15%
|-
|'''ALL'''
|'''1.03%'''
|'''1.42%'''
|}
|}


Line 211: Line 306:
|'''$17.291'''
|'''$17.291'''
|}
|}


'''Flow into Serious Delinquency (90 days or more delinquent)'''
'''Flow into Serious Delinquency (90 days or more delinquent)'''
Line 577: Line 671:
|240.70
|240.70
|386.37
|386.37
|-
|23:Q4
|14.87
|14.05
|53.19
|63.76
|247.90
|393.77
|}
|}


Line 820: Line 922:
|66.1
|66.1
|179.3
|179.3
|-
|23:Q4
|25.5
|17.0
|34.6
|25.3
|62.5
|164.9
|}
|}


Line 2,125: Line 2,235:
|1.1
|1.1
|3.0
|3.0
|-
|23:Q4
|96.9
|1.0
|0.4
|0.2
|0.4
|1.1
|3.1
|}
|}


Line 2,891: Line 3,010:
|4.96
|4.96
|'''1.28'''
|'''1.28'''
|-
|23:Q4
|0.57
|0.62
|4.17
|9.74
|0.60
|7.85
|'''1.74'''
|7.69
|8.52
|2.99
|2.01
|0.92
|7.50
|'''3.64'''
|2.66
|6.36
|0.82
|0.45
|0.79
|5.15
|'''1.42'''
|}
|}


Retrieved from "https://investmentwiki.mywikis.eu/wiki/Special:MobileDiff/10809"