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trillion, according to data from the Federal Reserve Bank of New York (NYFRB). from Q3 2022 to Q3 2023, according to the latest statistics from the Federal Reserve Bank of New York (FRBNY). This includes mortgages, home equity revolving debt, auto loans, credit cards, studentloans and other consumer lending such as retail cards.
trillion, according to data from the Federal Reserve Bank of New York (NYFRB). Auto loan and mortgage debt increased by 4%, while studentloan debt saw a modest rise of 1.6%. Household debt in the “Other” category — which includes retail cards and other consumer loans — also saw a substantial increase of 7.7%
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