These ratios show the percent of disposable personal income (DPI) dedicated to debt service (DSR) and financial obligations (FOR) for households....
This data has limited value in terms of absolute numbers, but is useful in looking at trends.Combo of low rates and deleveraging. No credit boom on the horizon. Fed reports inflation trending down too. Housing starts remain weak but increasing slowly. Tepid recovery continues.
Calculated Risk
Fed: Household Debt Service Ratio near lowest level in 30+ years
Bill McBride
