Economist

Richard Iley

Macroeconomics

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<p>The post-GFC collapse in the debt service ratio of US households is another key reason for optimism about the economy's medium-term prospects and the potential for the current cycle to beat post WWII records for its longevity (see also <a href="https://www.smartkarma.com/insights/chart-of-the-day-age-is-just-a-number" target="_blank" data-smartkarma-citation="insights:15024">Chart of the Day: Age Is Just A Number</a>). </p>
<p>The debt-service ratio (DSR) estimates households combined interest payments (interest and principal) on both mortgage and consumer credit as a percentage of disposable income (PDI). <a href="https://www.federalreserve.gov/releases/housedebt/default.htm" target="_blank">The data is complied by the Federal</a>…</p>
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The post-GFC collapse in the debt service ratio of US households is another key reason for optimism about the economy's medium-term prospects and the potential for the current cycle to beat post WWII records for its longevity (see also Chart of the Day: Age Is Just A Number). 
The debt-service ratio (DSR) estimates households combined interest payments (interest and principal) on both mortgage and consumer credit as a percentage of disposable income (PDI). The data is complied by the Federal…


Chart of the Day: A Distinct Lack of Interest

United States

Chart of the Day: A Distinct Lack of Interest