Sunday, August 27, 2006
Household Credit Market Debt - Year over Year % change
Here is another worthwhile chart from the FRED household category.
This is the 20 year chart showing the year over year percentage increase in Household Credit Market Debt.
The year over year increase is now about 12% following a mostly upward trend beginning back around 1992 when the annual percent increase was about 5%. This is still well below the rates seen in the mid 1980s.