Debt Growth minus GDP Growth
Year-over-year growth of US nonfinancial debt minus growth of GDP.
The year-over-year percent growth of debt securities and loans owed by US domestic nonfinancial sectors (Federal Reserve Financial Accounts, Z.1, table D.3) minus the year-over-year percent growth of nominal GDP. A positive value means debt is growing faster than the economy.
- Data source
- www.federalreserve.gov
- Series
- z1: LA384104005.Q, fred: GDP
- Frequency
- Quarterly
- Unit
- Percentage points
- Scoring direction
- Higher readings are treated as more dangerous. How scores are calculated