Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for G7
Quarterly, Not Seasonally Adjusted
G7LFHUTTTTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,037,030.00
Year-over-Year Change
6.76%
Date Range
1/1/1991 - 1/1/2025
Summary
This trend measures quarterly total household debt in the United States, providing insights into consumer financial health and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Quarterly, Not Seasonally Adjusted total household debt series tracks the total outstanding debt held by U.S. households, including mortgages, credit cards, auto loans, and student loans. It is a key indicator of consumer financial stability and can inform economic policymaking.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on household financial surveys and credit market reports.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to assess consumer spending power and potential risks to the broader economy.
Key Facts
- Total U.S. household debt reached a record high of $16.9 trillion in Q4 2022.
- Mortgage debt accounts for over two-thirds of total household debt.
- Household debt growth has slowed in recent quarters amid rising interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding debt held by U.S. households, including mortgages, credit cards, auto loans, and student loans.
Q: Why is this trend relevant for users or analysts?
A: Household debt is a key indicator of consumer financial health and spending power, which can inform economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on household financial surveys and credit market reports.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor household debt levels to assess consumer spending, financial stability, and potential risks to the broader economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of approximately 3 months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (G7LFHUTTTTSTQ), retrieved from FRED.