SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Haim R. Branisteanu3/12/2009 12:22:28 PM
2 Recommendations   of 110194
 
SUmmary of Z.1 from the FED

Nonfinancial business debt rose at an annual rate of 1¾ percent in the fourth quarter, 2½ percentage points less than in the previous quarter. The slowdown was concentrated in commercial paper, loans, and commercial mortgage borrowing. The 4¾ percent increase in nonfinancial business debt in 2008 was over 8¼ percentage points less than in the previous year.

State and local government debt increased at an annual rate of 1¼ percent last quarter, and expanded 2¼ percent over all of 2008. Federal government debt surged at an annual rate of 37 percent in the fourth quarter, similar to the third-quarter pace. In 2008, federal government debt rose more than 24 percent, after a 5 percent increase in 2007.

At the end of the fourth quarter of 2008, the level of domestic nonfinancial debt outstanding was $33.5 trillion; household debt was $13.8 trillion, nonfinancial business debt was $11.1 trillion, and total government debt was $8.6 trillion.

Household net worth—the difference between the value of assets and liabilities—was an estimated $51.5 trillion at the end of the fourth quarter of 2008, $5.1 trillion dollars less than in the preceding quarter.

For 2008 as a whole, household net worth fell $11.2 trillion
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News