Household debt rises in Q3, delinquency transition flat - New York Fed (DXY:)
6 Articles
6 Articles
US Household Delinquencies Rise Slightly, NY Fed Report Shows
NY Fed finds troubled debt levels ticked up in third quarter - Regional Media News
By Michael S. Derby Nov 10 (Reuters) - The overall level of troubled borrowing in the US economy rose in the third quarter but did not appear to signal a notable deterioration for overall credit quality, a report from the Federal Reserve Bank of New [...]
In the US, household debt rose 1.8 percent to $19.1 trillion in the third quarter of 2026, while the share of non-performing loans in total debt reached 5 percent.
According to a report from the Federal Reserve's New York branch, American household debt rose 1.8 percent in the third quarter of 2026 compared to the previous quarter, reaching $19.1 trillion. The share of non-performing debt increased to 5 percent, with mortgage debt being the largest component at $13.37 trillion.
The overall level of loans at risk in the US economy increased in the third quarter, but did not seem to indicate a significant deterioration in overall credit quality, according to a report released Tuesday by the Federal Reserve Bank of New York.
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