PHANTOM INCREASES NETWORK

Last updated: June 16, 2025, 19:13  |  Written by: Dan Larimer

Phantom Increases Network
Phantom Increases Network

Amid The Country

Consumer debt passes $17 trillion for the first time

On May 15, the Federal Reserve Bank of New York revealed that Americans' debt hit an all-time high in Q1 2025.

Amid the country’s fragile economic standing, US citizens’ debt has surpassed the $17 trillion mark for the first time ever. Moreover, household debt set a record of

Household Debt Rises to $17 Trillion As Delinquencies

US Consumer Debt Surpasses $17 Trillion for First Time Ever

For first time ever, Americans carrying more than $17

Americans' Debt Just Exceeded $17 Trillion for the First

American Household Debt Surpasses $17 Trillion for the First Time

US Citizens' Debt Surpasses $17 Trillion for the First Time Ever

Americans

Consumer debt rose to more than $17 trillion for the first time ever, according to the data released by the New York Fed. The total represented a $148 billion

Household debt balances set a fresh record high of $17.05 trillion during the first quarter, growing $148 billion or 0.9% from the fourth quarter of last year, the Federal

Americans’ household debt surpassed a historic $17 trillion for the first time ever, the Federal Reserve Bank of New York reported (pdf) May 15. Total consumer debt in

Americans’ debt surpasses $17 trillion for the first time - CNN

Consumer debt passes $17T for first time - The Hill

Dan Larimer can be reached at [email protected].

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