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13 Feb 2018
US Household debt up according to NY Fed
Household debt surged by 13.15 trillion in the last quarter of 2017, up over $400 billion from a year earlier. This is the 14th straight quarter that debt is up, as Americans added to mortgage loans, auto loans, and credit card balances.
Total credit and debt jumped by $572 billion, with $402 billion attributed to mortgages.