Episode

Debt is on the rise

Podcast: Marketplace Morning Report
Published: May 13, 2026
Duration seconds: 392
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Canonical source: https://www.marketplace.org/episode/2026/05/13/debt-is-on-the-rise
Audio: https://pscrb.fm/rss/p/mgln.ai/e/5/dts.podtrac.com/redirect.mp3/play.publicradio.org/podcast/o/marketplace/morning_report/2026/05/13/mmr_20260513_MMR_Podcast_2_64.mp3?awCollectionId=mkp-MMR&awEpisodeId=01KRGPNF65ZAGC337JQHBFPJAP
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Summary

Household debt ticked up slightly in the first three months of this year, increasing by $18 billion, according to the New York Fed. Credit card debt is actually down slightly, but mortgage balances, home equity lines of credit, and car loan balances all grew. We unpack. Plus, later in this morning's show, how might economic tensions appear at the summit between President Donald Trump and Chinese President Xi Jinping?