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Household Debt

kuhnmi/flickr

Remember a few years ago when households around the country committed to paying down their debts? The financial crisis hit many households hard, particularly those who had taken on a considerable amount of debt. For a time, household debt was in decline. In late 2008, household debt commenced a decline that would last for 19 consecutive quarters. But debt began to rise again in 2013. 

Anirban has more. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.