Quarterly
BPFADI02RUQ637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-13,928,720,000.00
Year-over-Year Change
24.31%
Date Range
1/1/1994 - 4/1/2012
Summary
The Quarterly Household Debt Service Ratio measures the total required debt payments of U.S. households as a percentage of their disposable personal income. It is a key indicator of household financial health and consumer spending power.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Quarterly Household Debt Service Ratio is a widely tracked economic indicator that gauges the debt burden of U.S. households. It is used by policymakers, analysts, and economists to assess consumer financial conditions and predict future consumer spending and economic trends.
Methodology
This ratio is calculated by the Federal Reserve using data on household debt levels and disposable personal income.
Historical Context
The debt service ratio is closely monitored for its implications on consumer spending, which accounts for over two-thirds of U.S. economic activity.
Key Facts
- The debt service ratio reached a record high of 13.2% in 2007 prior to the Great Recession.
- A lower debt service ratio indicates households have more disposable income to spend on other goods and services.
- The ratio declined sharply during the recession as households paid down debt, but has since gradually risen.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Household Debt Service Ratio measures the total required debt payments of U.S. households as a percentage of their disposable personal income.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a key indicator of household financial health and consumer spending power, which is crucial for assessing the overall state of the economy.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this ratio using data on household debt levels and disposable personal income.
Q: How is this trend used in economic policy?
A: The debt service ratio is closely monitored by policymakers, analysts, and economists for its implications on consumer spending and broader economic trends.
Q: Are there update delays or limitations?
A: The Quarterly Household Debt Service Ratio data is published by the Federal Reserve with a lag of approximately two months.
Related Trends
Nominal Changes in Inventories for Russia
NINVNSAXDCRUQ
Value of Exports to Russia from North Carolina
NCRUSA052SCEN
Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Russia
RUSCP010000IXNBM
Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Russian Federation
RUSFCLOFIXDC
Financial Market: Share Prices for Russia
SPASTT01RUQ661N
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Russia
RUSLREM64FESTQ
Citation
U.S. Federal Reserve, Quarterly Household Debt Service Ratio (BPFADI02RUQ637N), retrieved from FRED.