Back to News
Market Impact: 0.2
Americans' debt soars near Great Recession levels, even as wealth levels rise: Fed data
Source: nypost.com
Economic DataConsumer Demand & RetailCredit & Bond Markets

Federal data released Friday showed Americans’ debt had risen to near levels last seen in the wake of the Great Recession. The increase is a concern, although most families’ wealth has risen and consumer spending has remained strong.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mixed
Sentiment Score
-0.10
More News
- French yields are near levels not seen since 2002. Why that could give U.S. Treasurys a boost
- Rising fuel costs slashed Delta’s profit outlook despite strong demand
- What's behind the recovery rally in tech stocks — plus, Elon Musk's very good week
- Wall Street Week | Michigan Manufacturing, AI Debt Investments, Baby Bonds, Canadian Coal Fight
- Bank of Canada Rate Hike Bets Fade After Worst Year-to-Date Job Loss Since 2020
- Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong