4Q2017 Report on Household Debt and Credit: Household Debt Is Now 17.9% Above the 2013Q2 Trough
from the New York Fed
Aggregate household debt balances increased in the fourth quarter of 2017, for the 14th consecutive quarter, and are now $473 billion higher than the previous (2008Q3) peak of $12.68 trillion. As of December 31, 2017, total household indebtedness was $13.15 trillion, a $193 billion (1.5%) increase from the third quarter of 2017. Overall household debt is now 17.9% above the 2013Q2 trough.
Source: http://econintersect.com/pages/releases/release.php?post=201802131221
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