Sentences with phrase «household sector debt»

The government debt, the household sector debt, the corporate debt, financial sector debt, all debt.

At that time, the main data sources on consumer debt consisted of loan - level data sets on specific categories of loans, such as mortgages, as well as aggregated data on household sector debt from the Board of Governors» Flow of Funds statistical release.

Not exact matches

The IIF said Argentina, Nigeria, Turkey and China recorded the largest buildup in debt ratios over the year, the latter fueled by ongoing growth in indebtedness of households and the nation's finance sector.

All sectors recorded an increase in debt loading from the end of 2016, lifting by $ 4.5 trillion, $ 6.5 trillion, $ 4.5 trillion and $ 5.5 trillion respectively for households, non-financial corporates, governments and the financial sector.

«While China's total debt growth slowed notably in 2017 with a drop in the non-financial corporate debt - to - GDP ratio largely offset by rising household and financial sector debt,» the group said.

«We continue to see the household sector as accident - prone, with a complacency toward debt which could prove disruptive to the economy,» wrote HSBC Canada's chief economist recently.

Comments: «We are entering the fifth year post «The Great Contraction» with considerable progress made in deleveraging the financial and household sectors; however, the most complex stage - stabilizing public sector debt - remains a formidable challenge.

At least some households would use the funds to pay down debt, meaning the money would flow to the banking sector anyway, but with one critical difference: household debt would actually decline, leaving household balance sheets in better shape and owing less interest every month.

In reprimanding the financial sector, Flaherty again warned of risky household debt accumulation.

His comments come after the IMF in October said that Canada's high debt levels, and higher - than - average pressure on Canadian households» ability to pay down that debt in the private non-financial sector, leaves its economy more sensitive to tighter financial conditions and weaker economic activity.

The central bank noted in its statement that «financial vulnerabilities in the household sector continue to edge higher,» which is the Governing Council's way of saying that ultra-low borrowing costs continue to put upward pressure on asset prices and personal debt.

To do so, you also need Gross Domestic Balance Sheet, or at least Total Domestic Debt from all sectors (households, companies, government).

Risks associated with the Consumer Discretionary sector include, among others, apparel price deflation due to low - cost entries, high inventory levels and pressure from e-commerce players; reduction in traditional advertising dollars; increasing household debt levels that could limit consumer appetite for discretionary purchases; declining consumer acceptance of new product introductions; and geopolitical uncertainty that could impact consumer sentiment.

It would not be surprising if the household sector had become more sensitive to news about interest rates, given the increased debt and debt servicing loads that it is now carrying.

The real issue that was not addressed in the budget is the absence of any economic engine to spur a recovery in growth in 2014 and beyond, The household sector is deep in debt; housing construction has stalled; companies lack confidence and are not investing; the federal and provincial governments are in serious restraint mode; and the export sector is weak and deteriorating.

Without a massive transfer of wealth from the state sector to the household sector it will be impossible, I would argue, for GDP growth rates of anything above 3 - 4 % — and perhaps even less — to occur without a further unsustainable increase in debt, whether that increase occurs inside or outside the formal banking system and whether or not discipline has been imposed on borrowers.

Put differently, the only way to reduce debt is to allocate the cost to some sector of the economy, and broadly speaking these sectors are the household sector, the private sector, the state sector, and the various more specialized subsectors within these three — for example households can consist of rich households versus the rest, the state sector can be divided among the central government and the provincial governments, the private sector can consist of SMEs, large corporations, labor - intensive industries, capital - intensive industries, the export sector, etc..

In the case of the household sector, both Mr. Flaherty and the Governor of the Bank of Canada are warning Canadians about their high debt levels and urging them to curtail their consumption and to reduce their debt.

The PBO identified four key downside risks to the private sector forecast: global growth, especially in the U.S. could be slower than anticipated; the appreciation of the Canadian dollar could adversely affect exports; sovereign debt issues in Europe could restrain recovery there and put upward pressure on global interest rates; and the high level of household debt in Canada could restrain domestic demand.

Unless China is able, very improbably as I have argued, to reform the financial sector deeply enough and quickly enough, the cost of a more competitive (i.e. more highly subsidized) export sector is ultimately a rise in the debt burden, unless of course Beijing is willing to tolerate higher unemployment or to implement greater wealth transfers from the state to the household sector.

Until we understand this do not expect the global crisis to end anytime soon, except perhaps temporarily with a new surge in credit - fueled consumption in the US (which will cause the trade deficit to worsen) and more wasted investment in China (which, because it is financed with cheap debt, which comes at the expense of the household sector, may simply increase investment at the expense of consumption).

Monetizing debt creation at the expense of households worsens the imbalances and makes the economy even more dependent on public sector investment, which means that the debt burden would grow even more quickly.

[177] The Fed also said that at the end of 2008, the debt owed by nonfinancial sectors was $ 33.5 trillion, including household debt valued at $ 13.8 trillion.

Beijing is working on fixes for internal debt issues, such as turning short - term bank debt into long - term bonds and redirecting credit to the private sector and households.

In the past, China's household sector has been characterised by relatively low levels of debt.

This was the biggest proportional decline in interest rates, delivering the biggest reduction in the debt servicing burden of the household sector, seen in Australia's modern history.

As Adair Turner shows in his new book, Between Debt and the Devil, private sector debt soared as a share of GDP in most advanced economies after the 1980s, fuelling unproductive, debt financed household consumption, housing bubbles and wasteful financial speculatDebt and the Devil, private sector debt soared as a share of GDP in most advanced economies after the 1980s, fuelling unproductive, debt financed household consumption, housing bubbles and wasteful financial speculatdebt soared as a share of GDP in most advanced economies after the 1980s, fuelling unproductive, debt financed household consumption, housing bubbles and wasteful financial speculatdebt financed household consumption, housing bubbles and wasteful financial speculation.

On the other side of the household balance sheet, the debt of the household sector has continued to grow rapidly, increasing by 14 1/2 per cent over the year to March.

We have government debt, corporate debt, and a much larger Fed balance sheet (which, some people argue, drove bond buying by the public), but those are offset by a significant deleveraging in household and financial sector debt.

It shows changes in corporate leverage, household leverage, financials sector (banks) leverage, and government debt.

Interest rates were cut to stimulate the economy during the recession, and that results in more debt — particularly in the household sector, he said.

And it's been very weak since 2008; we've now hit the point now where the private sector, the households, are so heavily in debt that they just can't continue taking on new or additional debt to make credit expand enough to drive the economy.

Over the past year, the strong pace of debt accumulation has outstripped the growth in the household sector's assets, despite further significant gains in housing wealth (Table 9).

Why would we expect any different outcome in the United States as the household debt sector (the main sector that rose and drove the U.S. bull market of the 80s and 90s and also continued adding to the debt as the housing market took off from 2003 to 2007) is still in the process of deleveraging since 2007?

The growth of gross household debt has seen the household sector's debt to income ratio on a gradually rising trend for much of the past decade.

Over the year to February, credit to the household sector grew by 11 per cent, compared with growth in households» nominal income which has been running at around 5 per cent; much of the growth in debt has occurred in home mortgages.

The primary measure of the household sector's debt - servicing burden is the ratio of aggregate interest payments to disposable income.

And households are the third largest owner of individual Treasury debt, behind the foreign sector and the Fed itself.

Growth has been fueled by the growth of household and foreign debt rather than by business investment, and we have become dangerously reliant on the resource sector.

Further, servicing costs of those households with debt are considerably higher than indicated by the average experience across the household sector, and have risen a good deal over the past ten years.

The UK economy is currently among the most indebted in the OECD (second only to Japan in total levels of public sector, financial, and household debt).

Smart analysts in the City are pointing out that because the private sector - household and business - is paying down debt at a rate of knots, this is not the time for the Government to apply a savage deflationary squeeze as well.

Beijing is working on fixes for internal debt issues, such as turning short - term bank debt into long - term bonds and redirecting credit to the private sector and households.

And households are the third largest owner of individual Treasury debt, behind the foreign sector and the Fed itself.

The UK household sector's debt - to - income ratio has increased significantly over the last two years and is now only eight percentage points (pp) below its pre-crisis peak of 133 %.