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Inside the Economy: Debt, Housing, and Federal Government

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Manage episode 415726495 series 1554066
Content provided by SHJ Wealth Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SHJ Wealth Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
This week on “Inside the Economy”, we discuss personal interest expense and changes in household debt. What category has the highest percent change from 2023? New home sales have slowed due to higher interest rates, but what does this mean for delinquency rates? Federal net interest outlays are climbing higher in amount as compared to historical data. However, how does the near 3% share of GDP compare to the past and is it necessarily bad for the overall economy? Tune in to learn more! Key Takeaways: • U.S. GDP growth slowed to a 1.6% rate in Q1 • Personal interest expense is approximately $500B • 30-year mortgage at 7.17%
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184 episodes

Artwork
iconShare
 
Manage episode 415726495 series 1554066
Content provided by SHJ Wealth Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SHJ Wealth Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
This week on “Inside the Economy”, we discuss personal interest expense and changes in household debt. What category has the highest percent change from 2023? New home sales have slowed due to higher interest rates, but what does this mean for delinquency rates? Federal net interest outlays are climbing higher in amount as compared to historical data. However, how does the near 3% share of GDP compare to the past and is it necessarily bad for the overall economy? Tune in to learn more! Key Takeaways: • U.S. GDP growth slowed to a 1.6% rate in Q1 • Personal interest expense is approximately $500B • 30-year mortgage at 7.17%
  continue reading

184 episodes

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