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S4 · DEBT PAYMENTS / INCOME

Household debt service ratio

11.32
CALM ROBUST z 0.41 DRS 95 quarterly as of 2025-10-01

Where it sits: near the middle of its last decade.

The full history

2005 high 15.85 · low 9.05 · now 11.32 · 2 recessions shaded 2025

How it is read

What it measures
debt payments / income
Where it sits
near the middle of its last decade — at the 58th percentile of its last decade.
z vs. its window
0.41 (strain side: up). 38 observations in the window.
State rule
z < 1 CALM · 1 ≤ z < 2 WATCH · z ≥ 2 EXTREME, measured only toward the declared strain side.
Confidence
ROBUST — a primary official series, mechanically reported.
Reliability (DRS)
DRS 95

Where it comes from

FRED ↗ Every number on this site is reproducible from this primary source.

What it read at past stress points

Lehman, Sep 2008 15.55
Q4-2018 selloff 11.67 · CALM
Curve inversion, Aug 2019 11.65 · CALM
COVID crash, Mar 2020 11.59 · CALM

Questions it helps answer