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US household debt rises to $ 13.12 trillion
2018/05/17 21:40
(Encyclopedia of this Day News | Iraq News ) - Direct: debt growth has seen US households by $ 63 billion during the first quarter of this year, due to the increase in mortgages.
A US Federal Reserve quarterly report released Thursday showed US household debt grew by 0.5 percent to $ 13.21 trillion in the first three months of this year.
The reserve attributed the increase to a rise in mortgage assets by $ 57 billion from January to March to $ 8.97 trillion.
Although household debt continued to grow for 5 years, the growth was slower than in previous periods with mortgage debt remaining relatively stable, the report said.
He said tightening lending standards in general had probably contributed to a moderate increase in mortgage debt.
By 3:13 pm GMT, the US dollar was up 0.2 percent at $ 1.1789.
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A US Federal Reserve quarterly report released Thursday showed US household debt grew by 0.5 percent to $ 13.21 trillion in the first three months of this year.
The reserve attributed the increase to a rise in mortgage assets by $ 57 billion from January to March to $ 8.97 trillion.
Although household debt continued to grow for 5 years, the growth was slower than in previous periods with mortgage debt remaining relatively stable, the report said.
He said tightening lending standards in general had probably contributed to a moderate increase in mortgage debt.
By 3:13 pm GMT, the US dollar was up 0.2 percent at $ 1.1789.
Note: The content entitled "US Household Debt Up to $ 13.12 Trillion" was first published on the "Mubasher" Web site. The encyclopedia of this news day is not guaranteed in any way.
You can see the details of this address (American household debt rises to $ 13.12 trillion) through its original source (any live site).
https://hathalyoum.net/articles/1557791-%D8%AF%D9%8A%D9%88%D9%86-%D8%A7%D9%84%D8%A3%D8%B3%D8%B1-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9-%D8%AA%D8%B1%D8%AA%D9%81%D8%B9-%D8%A5%D9%84%D9%89-1312-%D8%AA%D8%B1%D9%8A%D9%84%D9%8A%D9%88%D9%86-
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