Quarterly, Seasonally Adjusted
LRHUADTTG7Q156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.30
Year-over-Year Change
-18.87%
Date Range
1/1/1995 - 7/1/2017
Summary
The Quarterly, Seasonally Adjusted series measures household debt in the United States, providing crucial insights into consumer financial health and market trends.
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 economic indicator tracks the total outstanding debt owed by U.S. households, including mortgages, credit cards, auto loans, and student loans. It is a key metric used by economists and policymakers to assess the financial stability and spending power of consumers.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys and financial records.
Historical Context
Household debt levels influence consumer spending, which drives a significant portion of economic activity.
Key Facts
- U.S. household debt reached a record high of $16.15 trillion in Q4 2022.
- Mortgage debt accounts for the largest share of total household debt at around 70%.
- Household debt levels are closely monitored by the Federal Reserve and other policymakers.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total outstanding debt owed by U.S. households, including mortgages, credit cards, auto loans, and student loans.
Q: Why is this trend relevant for users or analysts?
A: Household debt levels are a crucial metric for assessing consumer financial health, spending power, and the overall stability of the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys and financial records.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor household debt levels to gauge consumer spending, which drives a significant portion of economic activity.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve, with a typical delay of 2-3 months.
Related Trends
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUADTTG7Q156S), retrieved from FRED.