Re:U.S. Is World’s Most Competitive Economy for First Time i...
by thrden on Tuesday October 16, 2018 @07:29PM
(#18234201)
I'm not quite sure how to parse that particular piece of data. It seems as though it may be nominal if we consider that the Household Debt-to GDP ratio is substantially decreased from 2008. Further, household debt service ratios have also decreased substantially (by roughly 30%).
https://fred.stlouisfed.org/series/HDTGPDUSQ163N
https://fred.stlouisfed.org/series/TDSP