LISTEN: Consumer Household Debt on the Rise

According to the New York Fed’s quarterly report on household debt and credit, total household debt climbed a $17.05 trillion in the first quarter of 2023. That’s an increase of $2.9 trillion since the first quarter of 2019.

Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can listen live HERE.

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