Changes In Consumer Spending And Us Household Debt Geopolitical Futures Personal debt in the u.s. statistics & facts. Total household debt rose by $109 billion to reach $17.80 trillion, according to the latest quarterly report on household debt and credit. mortgage balances were up $77 billion to reach $12.52 trillion, while auto loans increased by $10 billion to reach $1.63 trillion and credit card balances increased by $27 billion to reach $1.14 trillion.
Key Debt Statistics For U S Consumers In 2024 U.s. consumer debt climbs to $17.3 trillion. according to the new york fed’s quarterly report on household debt and credit, total household debt in the united states grew by $228 billion in the. Household debt rose by $184 billion in q1 2024. Average debt in america: 2023 statistics. As of july 2024, total u.s. consumer debt was $17.50 trillion, up 2.8% from july 2023. mortgage debt, including home equity loans, accounted for $12.76 trillion, a 72.9% share of total debt, while non mortgage consumer debt totaled $4.74 trillion, with 34.8% of non mortgage consumer debt attributable to auto loans and leases and 31.2% attributable to student loans.
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