Household Financial Conditions
Over the last few years, many analysts have voiced concern about the ongoing stability of household finances, particularly given the high debt and delinquency levels observed during this time of strong economic growth. Despite such concerns, many indicators of household financial health have improved over the last year.
Suggested citation: “Household Financial Conditions,” Federal Reserve Bank of Cleveland, Economic Trends, no. 98-03, pp. 17-18, 03.01.1998.