US economy
U.S. Households Drowning in Debt: New York Fed Report Signals Economic Headwinds and Shifting Commodity Landscape
The Federal Reserve Bank of New York's latest "Quarterly Report on Household Debt and Credit," released in early November 2025, paints a stark picture of escalating financial distress among U.S. households. With total household debt soaring to a record $18.59 trillion and delinquency rates