Wednesday, March 13, 2013

Flow Of Funds Data Overview

Last week, the Federal Reserve issued the Flow of Funds report, which provides a good overview of the underlying financial situation in the US.  Here are a few charts to highlight some trends.

First, the good news:

Mortgage debt has been decreasing since just before the recession started, indicating that consumers are dealing with the effects of the housing bubble.  On the other hand:

Consumer credit is now at its highest level ever.

However, total consumer debt payments as a percent of total disposable income are at low levels:

Finally, household net worth is at its highest level since the recession ended: