New York, Aug. 12 -- Household debt balances decreased slightly while credit card delinquency transition rates remained steady in the second quarter of 2026, according to the Federal Reserve Bank of New York.

The findings, published in the Federal Reserve Bank of New York's Center for Microeconomic Data Quarterly Report on Household Debt and Credit, revealed total household debt decreased by USD 13 billion, or 0.1 per cent, to stand at USD 18.771 trillion.

Despite the quarterly dip, total debt expanded by USD 383 billion compared to the same period in the previous year. The data, collected from the New York Fed's nationally representative Consumer Credit Panel, showed aggregate delinquency rates improved slightly in the second quarter, ...