Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Australia
Quarterly, Seasonally Adjusted
LRACTTTTAUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.91
Year-over-Year Change
1.20%
Date Range
4/1/1978 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the ratio of total household liabilities to total disposable personal income. It is a key economic indicator used to assess household financial health and consumer spending patterns.
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
This metric tracks the overall debt burden of U.S. households, providing insight into consumer deleveraging, savings, and spending behavior. Economists and policymakers closely monitor this trend to gauge financial stability and the potential for economic growth.
Methodology
The data is calculated by the Federal Reserve using household balance sheet and income data from various government surveys.
Historical Context
This indicator helps inform monetary and fiscal policies aimed at promoting financial resilience and sustainable economic expansion.
Key Facts
- The ratio peaked at 134% in 2007 before declining during the Great Recession.
- Household debt levels are closely watched for signs of financial stress or excessive consumption.
- Deleveraging by consumers can constrain spending and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks the ratio of total household liabilities to total disposable personal income, providing insight into the debt burden of U.S. households.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer financial health and spending patterns, which are crucial factors in assessing economic stability and the potential for growth.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this ratio using household balance sheet and income data from various government surveys.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to inform monetary and fiscal policies aimed at promoting financial resilience and sustainable economic expansion.
Q: Are there update delays or limitations?
A: The data is released quarterly, and there may be revisions to previously published figures as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRACTTTTAUQ156S), retrieved from FRED.