Household Debt Service Payments as a Percent of Disposable Personal Income
: 11.285% (As of 2024-10-01) NEW
Basic Info
The "Household Debt Service Payments as a Percent of Disposable Personal Income" is a metric that measures the portion of a household's disposable (after-tax) income that is used to service its total debt obligations. This includes payments on mortgages, credit cards, auto loans, student loans, and other consumer debt. A higher percentage indicates that a larger portion of household income is being used to pay off debt, which can signal financial strain.
Notes: Compared to Consumer Debt Service Payments as a Percent of Disposable Personal Income, Household one excludes mortgage payments, focusing solely on consumer credit.
Quarterly , seasonally adjusted.
Household Debt Service Payments as a Percent of Disposable Personal Income was 11.285 as of 2024-10-01, according to The Federal Reserve. Historically, Household Debt Service Payments as a Percent of Disposable Personal Income reached a record high of 13.2154 and a record low of 8.3278, the median value is 11.1559. Typical value range is from 9.32 to 10.64. The Year-Over-Year growth is 0.48%. GuruFocus provides the current actual value, an historical data chart and related indicators for Household Debt Service Payments as a Percent of Disposable Personal Income - last updated on 2024-10-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | The Federal Reserve |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 11.285% | ||
| Latest Period | 2024-10-01 | ||
| Long Term Average | 9.98% | ||
| Average Annualized Growth Rate | +0.14% | ||
| Value from 1 year ago | 11.2308% | ||
| Change from 1 year ago | +0.48% | ||
| Frequency | Quarterly | ||
| Unit | % | ||
| Download Source | source link |
Related Indicators
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