Are Families Carrying Less Debt?

Sencei took office. Families are carrying less debt? No, their average savings are up. A recent survey from the federal reserve found that more americans feel financially comfortable than any time since the survey began in 20 13. Americans now have an average of nine thousand dollars less in savings than they did last year. Debt is up. There was an increase in total household debt in the first quarter of 20 22,. increasing by 266 billion to 15 point eight four trillion.