Sentences with phrase «of household debt among»

It's the second largest form of household debt among consumers after... Read more

Not exact matches

Subjects touched upon by Poloz during his speech and the ensuing round of questions also included fostering ties with the emerging economies of India, China, and Brazil, and the growth in household debt among Canadians.

Among households that had credit card debt at the end of 2016, the average owed is $ 16,748, according to a NerdWallet analysis.

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.

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..

This he presents unequivocally as good news, since it suggests an easing of high, mortgage - driven household debt levels that have been among Carney's more acute longstanding concerns about the Canadian economy.

Aggregate household debt among all households peaked in late 2008 in the aftermath of the financial crisis (Federal Reserve Bank of New York, 2014).

The puzzle of declining total indebtedness in the face of rising student loan debt can be resolved by examining debt burdens among younger households.

About 38 percent of households carried some debt, according to the analysis, and among those, the average was more than $ 15,000.

Even if we judge that the incidence of this extreme reaction will still be relatively low, are there other forms of behaviour which are likely to have changed as a result of the higher debt - servicing ratio and higher gearing among indebted households?

Taking these facts into account, and allowing for the fact that households with debt have, on average, incomes about 30 per cent higher than the average for all households, interest and principal repayments probably account for something like 20 per cent of disposable income among those households who have debt.

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).

We had among the most leveraged banks of any country, a house price boom as large as America's or Spain's, and higher levels of household debt than any other country in the world.

In its 2012 National Survey on Credit Card Debt in Low - and Middle - Income Households, a survey of low and middle - income American households carrying credit card debt, the public advocacy organization Demos found that among unemployed survey respondents, 1 in 4 recalledthat a potential employer had requested to check their credit report as part of a job applicatDebt in Low - and Middle - Income Households, a survey of low and middle - income American households carrying credit card debt, the public advocacy organization Demos found that among unemployed survey respondents, 1 in 4 recalledthat a potential employer had requested to check their credit report as part of a job apHouseholds, a survey of low and middle - income American households carrying credit card debt, the public advocacy organization Demos found that among unemployed survey respondents, 1 in 4 recalledthat a potential employer had requested to check their credit report as part of a job aphouseholds carrying credit card debt, the public advocacy organization Demos found that among unemployed survey respondents, 1 in 4 recalledthat a potential employer had requested to check their credit report as part of a job applicatdebt, the public advocacy organization Demos found that among unemployed survey respondents, 1 in 4 recalledthat a potential employer had requested to check their credit report as part of a job application.

North and South Dakota, and Nebraska were among other states which came in with low average credit card debt per household — the three held an average of $ 4,182.

Well, Canadians should feel smug no more — a just - released report by the Certified General Accountants Association of Canada has us placing first among OECD countries for household debt - to - assets ratio.

The Pew Research analysis also finds that a record 40 % of all households headed by someone younger than age 35 owe such debt, by far the highest share among any age group.

Among the college educated, the mean age of the student debtors is about a year younger than households not owing student debt (30.8 vs. 31.9).

Similar wide divergence in the incidence of negative net worth (debts in excess of assets) is apparent among less - educated young households (47 % versus 8 %).

Judged on the basis of the typical debt - to - income ratio, the decline in household indebtedness among younger households has not been uniform.

Among young and less - educated households, those lacking student debt are more likely to be devoting large amounts of their monthly income to debt service (14 %) than student debtors (9 %).

Among those lacking student debt, 17 % of households exceed the 40 % threshold.

Among young households whose heads lack at least a bachelor's degree, student debtors are more likely than those without student debt to owe on vehicle loans, credit card debt and other types of debt and are just as likely to have a mortgage and other installment debt.

Among households headed by a young adult without a bachelor's degree, those with no student debt had a median net worth of $ 10,900, while those with student debt had about a tenth of that ($ 1,200).

The puzzle of declining total indebtedness in the face of rising student loan debt can be resolved by examining debt burdens among younger households.

Among less - educated households owing student debt the typical household has indebtedness exactly equal to a year's worth of household income (100 %).

Among the college - educated, those with outstanding student debt are lagging far behind those who are debt free in terms of household wealth.

Among less - educated households, median household income is approximately $ 32,000 regardless of student debt obligations.

Aggregate household debt among all households peaked in late 2008 in the aftermath of the financial crisis (Federal Reserve Bank of New York, 2014).

Among households with credit card debt who know their credit score within a range, just 15 percent of white households in our sample have credit scores below 620, compared to more than a third of African American households.

«Among the current generation of young households, those who own homes carry more mortgage debt relative to income than previous generations did at the same age,» the review said.

The survey additionally found that a growing number of millennials and younger boomer buyers have children living at home; student debt is common among Gen X and boomer households; more millennials are buying outside the city; and younger generations are more likely to use a real estate agent.