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Consumer Debt and Delinquency

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In recent months, historically high levels of consumer debt have drawn considerable attention. Although the debt-to-income ratio has leveled off in recent months (reaching 20.76% in August), it is still virtually unchanged from its record high of 20.84% attained last April.

Suggested citation: “Consumer Debt and Delinquency,” Federal Reserve Bank of Cleveland, Economic Trends, no. 97-11, pp. 16-17, 11.01.1997.

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