Three years after the pandemic upended the American economy, U.S. household balance sheets in general are in good shape. Assets far outstrip liabilities, with household net assets surging over the past decade to nearly $150 trillion last year. Underneath this strength, though, there is a ... READ MORE >
household balance sheets
After flush years, households show a reluctance to borrow
A pillar of the American economy in the recovery from the pandemic has been household balance sheets, which have been bolstered by a robust labor market and nominal income growth. But now, with the prospect of tighter lending standards and reduced spending caused by the recent banking ... READ MORE >