4um: American Consumer Debt Hits Record Level, Rises Nearly $3 Trillion Since Lockdowns

Status: Not Logged In; Sign In
National News
See other National News Articles
Title: American Consumer Debt Hits Record Level, Rises Nearly $3 Trillion Since Lockdowns
Source: [None]
URL Source: http://www.stationgossip.com/2023/0 ... consumer-debt-hits-record.html
Published: May 15, 2023
Author: Mike Rivero
Post Date: 2023-05-15 18:24:07 by Horse
Keywords: None
Views: 49
Comments: 1

American households currently have nearly $17.1 trillion in consumer debt, with balances standing $2.9 trillion higher than before the lockdown-induced recession, according to data released on Monday from the Federal Reserve Bank of New York.
Poster Comment:
This alone would slow down the economy.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: Horse (#0)
Who knows what it would be with the cost of housing added in...bazillions?
“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
Lod posted on 2023-05-15 20:41:58 ET Reply Trace Private Reply
Top • Page Up • Full Thread • Page Down • Bottom/Latest

Freedom4um