Discussion Paper

Introducing a Credit Bureau-Based Measure of U.S. Household Debt Service

Abstract: Each quarter, the Board publishes an estimate of the ratio of aggregate required household debt service payments to income. The numerator of this Debt Service Ratio (DSR) is calculated using estimates of the outstanding balances of household debts in various product categories, their average interest rates, and times until maturity.

https://doi.org/10.17016/2380-7172.3615

Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2024-09-04

Number: 2024-09-04-2