3 ms·

Household debt to GDP https://www.sunshineprofits.com/media/cms_page_media/2019/12/11/us-household-debt-gdp-gold.png https://www.sunshineprofits.com/media/cms_p

• mikeyouse 3y ago
  We're still near the 2000 amount - about 25% below where we were during the GFC; https://fred.stlouisfed.org/series/HDTGPDUSQ163N https://fred.stlouisfed.org/series/HDTGPDUSQ163N
  • lainga 3y ago
    How do I interpret that Q4 to Q1 sawtooth? End-of-year bonuses paying off debt?
    • mikeyouse 3y ago
      Nope - or maybe I guess - but as an input into GDP instead of debt. Non-seasonally adjusted GDP has that same pattern, Q4 is almost always higher than Q1 so the version you usually see for GDP is seasonally adjusted (Red is adjusted, blue is the 'raw' GDP figure). https://fred.stlouisfed.org/graph/?g=1b3ZV https://fred.stlouisfed.org/graph/?g=1b3ZV
    • HDThoreaun 3y ago
      Q4 always has the highest GDP. presumably because of holiday spending.
• thehappypm 3y ago
  Debt (measured in dollars) and GDP (measured in dollars per year) is a strange comparison.