The statistic shows the purpose of family debt in the United States from 2004 to 2019. It was found that 68.8 percent of the household debt in the United States was attributable to primary residence purchase in 2019.
Distribution of family debt in the United States from 2004 to 2019, by purpose
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Federal Reserve. (September 28, 2020). Distribution of family debt in the United States from 2004 to 2019, by purpose [Graph]. In Statista. Retrieved January 20, 2021, from https://www.statista.com/statistics/247809/percentage-of-total-family-debt-in-the-us-by-purpose-of-debt/
Federal Reserve. "Distribution of family debt in the United States from 2004 to 2019, by purpose." Chart. September 28, 2020. Statista. Accessed January 20, 2021. https://www.statista.com/statistics/247809/percentage-of-total-family-debt-in-the-us-by-purpose-of-debt/
Federal Reserve. (2020). Distribution of family debt in the United States from 2004 to 2019, by purpose. Statista. Statista Inc.. Accessed: January 20, 2021. https://www.statista.com/statistics/247809/percentage-of-total-family-debt-in-the-us-by-purpose-of-debt/
Federal Reserve. "Distribution of Family Debt in The United States from 2004 to 2019, by Purpose." Statista, Statista Inc., 28 Sep 2020, https://www.statista.com/statistics/247809/percentage-of-total-family-debt-in-the-us-by-purpose-of-debt/
Federal Reserve, Distribution of family debt in the United States from 2004 to 2019, by purpose Statista, https://www.statista.com/statistics/247809/percentage-of-total-family-debt-in-the-us-by-purpose-of-debt/ (last visited January 20, 2021)