US Household Debt Drops For First Time Since 2014
PYMNTS
AUGUST 7, 2020
household debt for the first time since 2014, the Financial Times (FT) reported. And while spending was up at supermarkets and wholesale retailers, spending at gas stations and restaurants fell sharply. The steep decline in consumer spending resulted in less U.S. At the end of June, consumer debt balances sat at $14.27
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