Historical Year Data · 2008

Household Financial Obligations Ratio in 2008

Household Financial Obligations Ratio opened 2008 at 18.06% and closed at 17.77%, a -1.61% move for the year. The high of 18.06% was reached on January 1, and the low of 17.61% on April 1.

Open

18.06%

2008-01

17.77%

4 data points

High

18.06%

Jan 1

Low

17.61%

Apr 1

Full Year Change

-1.61%

2007 Change

+1.82%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	18.06%	18.06%	18.06%	18.06%	+0.00%
Apr	17.61%	17.61%	17.61%	17.61%	+0.00%
Jul	17.77%	17.77%	17.77%	17.77%	+0.00%
Oct	17.77%	17.77%	17.77%	17.77%	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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Related Metrics

Household Debt Service Ratio

2008

Single-Family Mortgage Delinquency Rate

2008

Consumer Loan Delinquency Rate

2008

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