Average U.S. Household Debt Around $152,000 As Of Second Quarter

Episode Transcript

Speaker 1 (00:00):
In the context of debt growth, though it's not an
unmanageable situation.

Speaker 2 (00:04):
Four or five years ago, debtloads were growing close to
ten percent year over year. Now the annual growth rate
is more like three percent bank rates.

Speaker 1 (00:12):
Ted Rossman says, the economy, though, is beginning to grow,
and that's a positive sign moving forward.

Speaker 2 (00:17):
It's just not everybody's feeling that equally, and there's certainly
a lot of worries. There's a lot of negative headlines
about consumer sentiments. So far, the economy's performing better than expected.

Speaker 1 (00:28):
He says, though people need to make better efforts at
paying down their debt. Anderre Parard News Radio seven forty
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