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Consumer Indebtedness

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Consumer spending relative to income has been on an upward trend since the early 1980s. Over the past 15 years, households have increased the share of their income that they spend by four percentage points - to about 92.5%.

Suggested citation: “Consumer Indebtedness,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-10, pp. 13, 10.01.1996.

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