Economic Trends
Filling you in on the current state of the economy.
Featured Article
- Changes in Household Borrowing across Metropolitan Areas
- Much of the increase in household debt last decade was driven by mortgage borrowing, which accounts for between 70 and 80 percent of U.S. household liabilities. Because this borrowing was driven by (and also drove) high home-price appreciation in some parts of the country, there is a clear geographic pattern to changes in credit usage over the last decade. Read more