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Related Articles
District Overview: Household Financial Stress Declines in the Eighth District
By Yang Liu and Rajdeep Sengupta
The Regional Economist | October 2012
State and Local Debt: Growing Liabilities Jeopardize Fiscal Health
By Lowell R. Ricketts and Christopher J. Waller
The Regional Economist | October 2012
Not only are nations wrestling with growing debt levels, but so are state and local governments, including those in the seven states that make up the Eighth Federal Reserve District. Two of those seven states—Kentucky and Illinois—each have combined state and local obligations that, as a percentage of gross state product, are higher than California's.
Recent St. Louis Fed Banking and Economic Research
A Look at Credit Default Swaps and Their Impact on the European Debt Crisis
By Bryan J. Noeth and Rajdeep Sengupta
The Regional Economist | April 2012
Did you know that buying a credit default swap can be like buying insurance on your neighbor’s car—and then getting paid when that neighbor has an accident? Learn the ABCs of CDS, and find out why they are so important to any discussion of the European debt crisis.
Microsavings: Opening the Door for Individuals to Invest in Themselves
By Daniel Davis
Neighborhood Revitalization and the Business District
By Faith Weekly
Revitalization of neighborhood business districts tend to be successful if they have a combination of local leadership, local funders, involved anchor institutions and engaged residents who are passionate about their community.
District Overview: Reallocation of Credit, a Measure of Financial Activity, Has Yet To Bounce Back
By Constanza S. Liborio and Juan M. Sánchez
The Regional Economist | April 2012
Asset Building: A Means to Ameliorate Intergenerational Poverty in the Mississippi Delta
Building Financial Capability and Balance Sheets Early in Life
By Ted Beck and Ray Boshara
By Ray Boshara
Rebuilding Household Balance Sheets: Ray Boshara’s Testimony to the U.S. Senate
By Ray Boshara
St. Louis Fed Senior Advisor Ray Boshara has referred to the weak household balance sheet as one of the core economic challenges of our time, suggesting that households must focus on rebuilding their balance sheets—including securing the right levels and types of savings, debts and assets. Read an abridged version of his congressional testimony in the first of a series of articles on this topic.
By Ray Boshara
Survey Says Families Are Digging Deeper into Debt
The Regional Economist | July 2006
The Fed’s triennial Survey of Consumer Finances found that median household debt rose almost 34 percent between 2001 and 2004, while net worth rose just 1.5 percent.








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