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Monetary Policy Report submitted to the Congress on February 27, 2008, pursuant to section 2B of the Federal Reserve Act

Table for figure of Household Financial Obligations Ratio, 1992-2007
Percent
Period Household financial
obligations ratio
1992:Q1 16.6837
1992:Q2 16.5349
1992:Q3 16.3898
1992:Q4 16.1607
1993:Q1 16.4665
1993:Q2 16.2231
1993:Q3 16.3288
1993:Q4 16.2064
1994:Q1 16.5133
1994:Q2 16.4761
1994:Q3 16.5922
1994:Q4 16.6659
1995:Q1 16.9005
1995:Q2 17.1798
1995:Q3 17.3625
1995:Q4 17.4643
1996:Q1 17.4394
1996:Q2 17.4998
1996:Q3 17.5985
1996:Q4 17.7022
1997:Q1 17.6777
1997:Q2 17.7349
1997:Q3 17.7477
1997:Q4 17.6857
1998:Q1 17.5024
1998:Q2 17.5046
1998:Q3 17.4690
1998:Q4 17.5044
1999:Q1 17.6259
1999:Q2 17.8001
1999:Q3 17.9539
1999:Q4 17.8851
2000:Q1 17.6719
2000:Q2 17.8543
2000:Q3 17.9525
2000:Q4 18.2493
2001:Q1 18.3694
2001:Q2 18.6148
2001:Q3 18.3531
2001:Q4 18.8955
2002:Q1 18.6038
2002:Q2 18.6314
2002:Q3 18.8094
2002:Q4 18.8895
2003:Q1 18.8440
2003:Q2 18.7207
2003:Q3 18.5264
2003:Q4 18.5790
2004:Q1 18.4853
2004:Q2 18.4663
2004:Q3 18.6374
2004:Q4 18.4898
2005:Q1 18.8695
2005:Q2 18.9533
2005:Q3 19.1461
2005:Q4 19.0582
2006:Q1 19.0914
2006:Q2 19.2739
2006:Q3 19.4293
2006:Q4 19.4864
2007:Q1 19.2770
2007:Q2 19.3452
2007:Q3 19.3224

Note: The data are quarterly and extend through 2007:Q3. The financial obligations ratio equals the sum of required payments on mortgage and consumer debt, automobile leases, rent on tenant-occupied property, homeowner's insurance, and property taxes, all divided by disposable personal income.

Source: Federal Reserve Board.

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