Journal Article

Consumer debt: how much is too much?

Abstract: Consumer spending drives the U.S. economy, and consumers shoulder record levels of personal debt. Determining when household debt becomes too heavy, however, is no simple matter. Whether consumers are struggling with their obligations or are managing their debt adequately depends on the criteria used to measure household debt.

Keywords: Debt; Finance, Personal;

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Bibliographic Information

Provider: Federal Reserve Bank of Atlanta

Part of Series: EconSouth

Publication Date: 2004

Volume: 6

Issue: Q1