household-debt

Even today, household debt in the US, although now contracting, still exceeds the level at the beginning of this crisis.

This was accompanied by a steady decline in the personal saving rate and a rise in household debt relative to income.

Household debt is down to 118 percent of income, and a strong recovery would bring that number down further.

Shortly after the legislation was passed, household debt began to rise much faster than take-home pay.

It is true that Chinese households have low debt, but household debt need not be the main factor in a housing crash.

Household debt remains very high and is expected to constrain retail spending and the housing market for some time.

The ratio of household debt to financial assets also gave a misleadingly good impression of the healthiness of the underlying debt.

It would involve aggressive moves to reduce household debt via mortgage forgiveness and refinancing.

Meanwhile, household debt peaked at 135% of disposable income in late 2007; by the middle of 2010 it had fallen to 123%.

It also helps to explain the extraordinary build-up of US household debt since the 1980s and the current threat of deflation.

Credit should improve, but the era of easy credit is over, suggesting household debt could fall closer to a mere 100% of disposable income.

There were other mistakes, too: the effort to reduce the overhang of household debt should have been stronger.

With household debt still at 120% of disposable income, deleveraging could go on for some time.

With household debt still at 129% of disposable income, deleveraging could go on for some time.

Much household-debt reduction still lies ahead. And there is the risk of a correction in stockmarkets.

Inevitably, huge household financial deficits also mean huge accumulations of household debt.

Italy, France and Japan entered the recession with low household debt but high levels of government borrowing.

Tough rules on mortgages have made it hard to reduce unpayable household debt.

Around 80% of household debt is linked to mortgages and is thus intimately tied to the housing bubble.

Household debt in the U. S. fell for nine straight quarters through the second quarter of 2010.

The IMF recently warned that household debt is the number one risk of the Canadian economy.

Household debt is now the equivalent of almost 100% of GDP and the debt of non-financial companies is nearly 140%.

Household debt is especially high, at about 140% of disposable income, and chiefly responsible for sagging demand for homes.

Household debt was just 66% of GDP in 1998; and returning to that level would entail a 30% plunge in debt.

Household debt was 62% of disposable income, a level that had endured since the 1960s.

Household debt in Britain now stands at a barely imaginable 173% of gross disposable income, against 72% in France.

It is, instead, the overhang of household debt combined with paralysis in the housing market.

The UK's total sovereign, corporate and household debt exceeds 400 per cent of gross domestic product.

After a flurry of debt-fueled holiday spending, household debt was 122% of personal income at the end of 2010.

Consumer savings are rising as household debt gets paid back.

A final difference between today's bust and most other big banking crises is the importance of household debt.

Today, household debt has nearly tripled at 85% of GDP while non-financial corporate debt has soared to 140% of GDP.

Levels of household debt are low and Russia has a flat income tax rate of 13 per cent.

Most rich countries saw a rise of more than 40% in the ratio of household debt to disposable income.

In Ireland, household debt is twice after-tax incomes.

Household debt has fallen over the past decade from 115% of their disposable income to 99%.

Household debt-service payments relative to income have fallen sharply to levels existing in the 1980s and '90s.

For over 60 years after the second world war, household debt moved in only one direction: upwards.

By one measure the borrowing shock continued for 25 years: household debt peaked at 138% of disposable income in 2007.

U. S. household debt decreased at a 2. 6% annual rate in the third quarter, the fifth drop in a row.

Household debt levels are at the highest in US history over 300% of disposable income.

Household debt is also falling in Spain.

U. S. household debt fell 1. 7% in 2009 - the first annual drop since the Fed's records began in 1945.

Household debt was 47 per cent of national income.

Household debt approached 100% of GDP in 2007, a level seen only once before, rather ominously in 1929.

Household debt in America has vaulted to more than 130% of disposable income from less than 100% in 2000 (see left-hand chart).

Meanwhile, inside the US the ratio of household debt to GDP rose from 66 per cent in 1997 to 100 per cent a decade later.

Average household debt has swelled to 120 percent of annual income, up from 60 percent in 1984, according to the Federal Reserve.

The country's household debt rose steadily, from just under 80% of disposable income in 1986 to almost 100% in 2000.

Total household debt (including mortgages) amounts to only 13% of GDP, against 100% in America.

Household debt is running at about 100% of GDP in America and higher still in Britain.

U. S. household debt climbed to 97% of GDP in the first quarter of 2009 from just 48% in 1980.

Total household debt fell to $13. 7 trillion from $13. 8 trillion.

American household debt rose from 65% of GDP in the mid-1990s to 95% in 2009.

Total interest payments on household debt in Britain fell to 7% of disposable income at the end of last year, the lowest level since 2003.

Household debt hit a record 133 per cent of disposable personal income.

For example, in 1989, household debt was around 31% of GDP while corporate debt was 49% of GDP.

Britain's household debt is among the world's highest as a share of income;

In most Asian economies household debt is less than 50% of GDP, compared with around 100% in many developed economies;

the nexus of consumer credit , household debt service and consumption

its household debt-to-income ratio is higher than America's;

Myths and Reality of Household Debt in Korea