Dossier
US Household
Coverage of US Household in the Nexus archive.
- US household debt ticks up to new all-time high as inflation continues to rise
US household debt has reached a new all-time high of $18.8 trillion in the first quarter of the year, driven by mortgages, credit cards, auto loans, and student loans, as inflation continues to rise. This surge in debt is a notable development in the US economy. The increasing debt levels may have significant implications for household financial stability.