Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for G7
Quarterly, Seasonally Adjusted
G7LRHUADTTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.58
Year-over-Year Change
-1.22%
Date Range
1/1/1991 - 1/1/2025
Summary
This quarterly, seasonally adjusted economic indicator tracks total household debt service payments as a percentage of disposable personal income in the United States.
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 household debt service ratio measures the share of disposable income used to pay principal and interest on mortgage, consumer, and other debt. It is a key indicator of household financial obligations and an important metric for assessing the health of the consumer sector.
Methodology
The data is collected and calculated by the Federal Reserve using information from the National Income and Product Accounts.
Historical Context
The debt service ratio is closely monitored by policymakers, analysts, and economists to gauge consumer financial conditions and spending power.
Key Facts
- The debt service ratio averaged 9.3% in 2022 Q3.
- Ratio peaked at 13.2% in 2007 Q4 prior to the Great Recession.
- Low ratios signal consumers have more discretionary income.
FAQs
Q: What does this economic trend measure?
A: The household debt service ratio tracks the share of disposable personal income used to make required debt payments on mortgages, consumer loans, and other liabilities.
Q: Why is this trend relevant for users or analysts?
A: The debt service ratio is an important indicator of household financial health and consumer spending power, which has broad implications for the broader economy.
Q: How is this data collected or calculated?
A: The Federal Reserve collects and calculates the household debt service ratio using data from the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the debt service ratio to assess consumer financial conditions and the potential for changes in consumer spending and the broader economy.
Q: Are there update delays or limitations?
A: The household debt service ratio is published quarterly with a lag, and may be subject to revisions as new data becomes available.
Related Trends
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G7LREMTTFESTQ
National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for G7
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Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for G7
G7LFHUTTFESTQ
Balance of Payments: Secondary Income: Revenue for G7
G7B6CRSI01CXCUQ
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for G7
G7LFEM64FEGPQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for G7
G7LRHUADFESTQ
Citation
U.S. Federal Reserve, Household Debt Service Ratio (G7LRHUADTTSTSAQ), retrieved from FRED.