Premier Insights
Feb 10, 2017, 10:06:36 AM
The Center for Microeconomic Data’s latest Quarterly Report on Household Debt and Credit shows that total outstanding credit card debt was $747 billion at the end of September.
The data shows that though total outstanding debt is still well below its peak of $866 billion recorded in the fourth quarter of 2008, non-housing debt is now above 2008 levels.
A summary and links to other reports can be found here:
https://www.newyorkfed.org/microeconomics/hhdc