US residents live increasingly in debt

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Personal finance continues to decline in the United States.

The indebtedness of homes in the United States continued to increase in the third quarter until reaching a new record for the weight of real estate loans, according to data from the New York Fed published on Wednesday.

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US household debt increased by $ 92,000 million (+ 0.7%) between July and September and stood at a total of $ 13.95 billion.

This is the 21st consecutive quarter of the rise (a little over five years).

In the third quarter, real estate loans account for the bulk of US loans.

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The real estate loans reach $ 9.44 billion, an increase of $ 31,000 million over the previous quarter.



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https://eldiariony.com/2019/11/13/residentes-de-estados-unidos-viven-cada-vez-mas-endeudados/

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