Household Debt Climbed $601B During Q4 in 2019
February 12, 2020 at 10:47 AM EST
2019 was a record year for the stock market and the risk-on sentiment may have also fueled optimism for consumers in the fourth quarter as Americans took on more loans. Household debt climbed to $601 billion, according to data from the Federal Reserve Bank of New York. The majority of the debt was...