Sentences with phrase «high levels of consumer debt»

On the other hand, leaving the interest rate low encourages the kind of borrowing and spending that has produced record - high levels of consumer debt in Canada and pushed housing prices into the stratosphere.

The record high levels of consumer debt among Canadians has also raised a red flag from Bank of Canada governor Mark Carney and others who have warned that interest rates will rise at some point — raising the cost of borrowing.

High levels of consumer debt leaves current levels of homebuying and construction resting on a weak foundation.

But the Korea Automobile Importers and Distributors Assn. projects 10 % growth by the imports, noting this is conservative and takes into account high levels of consumer debt and consumer doubts about the economy.

Given these figures, it is no surprise that the amount of student loan debt in the United States today is considered to be the second highest level of consumer debt behind only mortgages — and most of the student loan debt is held by the Federal government.

Massachusetts residents have high levels of consumer debt, especially in the form of mortgages.

As corporations seek more and more profits, all levels of governments are increasing taxes and closing tax loopholes, new technology costs are increasing (cell phones, internet), higher and higher levels of consumer debt (debt servicing) increase... these all erode cash flow for the average family.