What's Inside
The US Federal Reserve is cutting interest rates, with the latest, 50-basis-point interest-rate cut announced on September 18, 2024.
In this Data Dive, we review the state of consumer debt in the US amid these cuts, including trajectories, delinquencies (past-due) and ratios to income. Read our data-driven insights to understand key metrics shaping the US consumer economy.
Data in this research report include:
- US household debt, 2Q24, including outstanding balances and delinquency rates
- US household credit card debt, 2010–2024
- US household debt service payments as a proportion of disposable personal income
- Raio of US consumers’ unsecured debt to monthly household income, breakdown by income—proprietary survey data
Companies mentioned in this report include: Costco, Dick’s Sporting Goods, Kohl’s, Shein, Target, The TJX Companies
Other relevant research:
- More reports in the Coresight Research Data Dive series
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