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1209 Household Del Ever Aging Dynan

1209 Household Del Ever Aging Dynan

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Published by: richardck50 on Dec 13, 2010
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12/13/2010

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Household Deleveraging and theOutlook for Consumer Spending
Karen DynanBrookings InstitutionDecember 8, 2010
This presentation was prepared for the Macroeconomic Advisers, LLC 109th Quarterly OutlookMeeting in Washington, DC. The views expressed are my own and not necessarily those of othersaffiliated with Brookings.
 
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Some Facts about
“The Great Deleveraging”
 
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Some of the deleveraging can be accounted for by a reduction in new borrowing
02004006008001,0001,20005010015020025099:Q100:Q101:Q102:Q103:Q104:Q105:Q106:Q107:Q108:Q109:Q110:Q1
Newly Originated Installment Loan Balances
Billions of DollarsBillions of DollarsSource: FRBNY Consumer Credit PanelAuto Loan(left axis)Mortgage(right axis)

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