U.S. Housing Starts and New One Family Houses

U.S. Housing Starts and New One Family Houses U.S. housing starts declined 14.4% in May. Usually, a continued downturn may signal a contraction of the economy. And historically, a decline in residential real estate has led several recessions. But housing is already in a slump and shouldn’t cause a recession.

U.S. Household Equity Allocation

U.S. Household Equity Allocation Despite the recent sell-off, U.S. household equity allocations remain at a high level. Image: Deutsche Bank Asset Allocation

U.S. Household Debt as % of GDP

U.S. Household Debt as % of GDP The COVID-19 pandemic led to a spike in U.S. household debt as a % of GDP. Image: BofA Global Research