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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (23135)	12/9/2004 1:08:29 PM
From: Skywatcher	Respond to of 110194

U.S. household debt up 9.1% annualized in Q3 By Rex Nutting WASHINGTON (CBS.MW) - Debt levels of U.S. households increased at 9.1 percent annual rate in the third quarter to $9.95 trillion, the Federal Reserve said Thursday. Household net worth increased about half as fast, rising $545 billion to $46.7 trillion, the Fed said in its quarterly flow of funds report. Total U.S. debt increased at a 7.4 percent annual rate to $23.6 trillion, as federal debt slowed to a 4.9 percent growth. Debt owed by U.S. businesses increased at a 5.1 percent rate, the fastest in five quarters.