Posts Tagged ‘debt and consumption growth’

What Did We Buy With All The Debt We Accumulated?

The graph below is from a study the San Francisco Fed did on household deleveraging and consumption growth. It doesn’t have any truly surprising insights but it is short, well-written and a nice compilation of facts. This graph, however, confounds me. At first glance, it seemed pretty straightforward. Household debt spiked up, followed by personal […]