Household Leverage

Some articles on household leverage, households, leverage:

Contraction (economics) - Attributes - Balance Sheet Recession
... reported that consumer demand and employment are affected by household leverage levels ... Both durable and non-durable goods consumption declined as households moved from low to high leverage with the decline in property values experienced during the subprime mortgage crisis ... Further, reduced consumption due to higher household leverage can account for a significant decline in employment levels ...

Famous quotes containing the word household:

    Then, though I prize my friends, I cannot afford to talk with them and study their visions, lest I lose my own. It would indeed give me a certain household joy to quit this lofty seeking, this spiritual astronomy, or search of stars, and come down to warm sympathies with you; but then I know well I shall mourn always the vanishing of my mighty gods.
    Ralph Waldo Emerson (1803–1882)