U.S. household debt at record, nearing $14 trillion -NY Fed
American households added $92 billion of
debt in the third quarter, led by a rise in mortgage loans, and
overall debt levels set another record, nearing $14 trillion,
the Federal Reserve Bank of New York said on Wednesday.
debt in the third quarter, led by a rise in mortgage loans, and
overall debt levels set another record, nearing $14 trillion,
the Federal Reserve Bank of New York said on Wednesday.
Posted by Reuters
