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May 16, 2025
Household debt in the U.S. stood at $18.20 trillion in the first quarter.
Credit utilization has returned to pre-pandemic levels.
People under 30 and over 70 hold a relatively small amount of debt compared to other age groups.
The average third party collection stood at $1663 in the first quarter.
Household debt broken down by delinquency status
Credit card and mortgage debt are both 32% higher than pre-pandemic.
Mortgage originations remain well off the peak set in 2021.
Some interesting charts from our recent posts
Jim Bianco joins Fox Business to discuss this week's CPI/PPI Reports, Retail Sales Data & the Battle between Institutional and Retail Investors with Charles Payne.
Today's topics include concerns over the federal deficit, in defense of the U.S. trade deficit, new SLR rules incoming, today's trade headlines, containership bookings spike, the struggle for first-time homebuyers, the dollar, and still ironing out the details on Europe's defense spending goals.