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NY Fed Q3 Report: Household Debt Increased; Delinquency Rate "Edged Up"

Calculated Risk

The New York Fed also issued an accompanying Liberty Street Economics blog post examining the evolution in aggregate debt to income ratios and what that suggests about Americans’ ability to manage their debt obligations. Household debt previously peaked in 2008 and bottomed in Q3 2013. emphasis added Click on graph for larger image.

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NY Fed Q2 Report: Household Debt Increased $185 Billion in Q2; Delinquencies Elevated

Calculated Risk

The New York Fed also issued an accompanying Liberty Street Economics blog post analyzing borrower trends in the mortgage market across balances, delinquency rates, credit scores, and geography. Household debt previously peaked in 2008 and bottomed in Q3 2013. trillion at the end of June 2025.

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Comments on October Employment Report

Calculated Risk

This graph really shows the collapse in retail hiring in 2008. Part Time for Economic Reasons From the BLS report : " The number of people employed part time for economic reasons was little changed at 4.6 The number of persons working part time for economic reasons decreased in October to 4.56 YoY in October.

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Question #1 for 2025: How much will the economy grow in 2025? Will there be a recession in 2025?

Calculated Risk

Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Here is a review of the Ten Economic Questions for 2024. 1) Economic growth: Economic growth was probably close to 2.8% Here is a review of the Ten Economic Questions for 2024. 2008 0.1% -2.5% in 2024 (around 2.6%

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MiB: Peter Goodman, How the World ran Out of Everything

The Big Picture

 This week, we speak with New York Times Global Economic Correspondent Peter Goodman. Prior to the New York Times, Peter began his career as a freelance writer in Southeast Asia before serving as The Washington Post’s Asia Economic Correspondent and later Shanghai Bureau Chief.

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NY Fed Q4 Report: Household Debt Increased; High auto loan delinquency rates

Calculated Risk

The New York Fed also issued an accompanying Liberty Street Economics blog post examining delinquency rates in the auto loan market. said Wilbert van der Klaauw, Economic Research Advisor at the New York Fed. Household debt previously peaked in 2008 and bottomed in Q3 2013. emphasis added Click on graph for larger image.

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NY Fed Q1 Report: Change in Household Debt Balances Mixed; Student Loan Delinquencies Rise Sharply

Calculated Risk

The New York Fed also issued an accompanying Liberty Street Economics blog post examining student loan delinquency, including which borrowers were past due in the first quarter and implications for their access to other credit. Household debt previously peaked in 2008 and bottomed in Q3 2013. rise from 2024Q4.