Loading page content
Loading page content
US Total Household Debt held to 18.8 T in April 2026, released May 2026.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Total Household Debt (United States) was reported at 18.80 T in May 2026. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through May 2026.
The trailing three releases averaged 18.73 T, up from the prior three at 18.21 T. In May readings over the past 3 years, Total Household Debt has averaged 18.23 T.
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
Same-country events in the next 14 days include Fed Bank Stress Test Results (Jun 24) and Chicago Fed National Activity Index (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
Total Household Debt is a financial indicator that measures the total amount of debt held by households, including mortgages, credit card debt, and other loans. It is an important metric for understanding the overall financial health of households and their ability to manage and repay their debt. This indicator is often used by economists and policymakers to assess the stability of the economy and potential risks to consumer spending and financial stability.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Jan 2026): actual 18.8 T. Prior reading (Oct 2025): 18.8 T. Before that (Jul 2025): 18.59 T.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Tuesday, June 23, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 13:45 | S&P Global Manufacturing PMI | 55.7 | 55.1 | 54.8 | 55.25 | Medium | |
| 13:45 | S&P Global Services PMI | 51.3 | 50.7 | 51 | 51.15 | Medium | |
| 13:45 | S&P Global Composite PMI | 52.2 | 51.5 | 50.8 | 51.50 | Medium | |
| 14:00 | Richmond Fed Manufacturing Index | 4 | 13 | 9 | 6.50 | Low | |
| 14:00 | Richmond Fed Services Index | -1 | 14 | 11 | 5.00 | Low | |
| 14:00 | Richmond Fed Manufacturing Shipments Index | 3 | 16 | 9 | 6.00 | Low | |
| Thursday, June 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Chicago Fed National Activity Index | 0.14 | 0.12 | 0.12 | Medium | ||
| 12:30 | Durable Goods Orders MoM | 7.9 | -4.3 | -4.30 | High | ||
| 12:30 | Core PCE Price Index MoM | 0.2 | 0.3 | 0.30 | High | ||
| 12:30 | Initial Jobless Claims | 226 | 225 | 225.00 | Medium | ||
| 12:30 | Personal Income MoM | 0 | 0.4 | 0.40 | High | ||
| 12:30 | Personal Spending MoM | 0.1 | 0.1 | 0.10 | Low | ||
| 12:30 | Durable Goods Orders Ex Transp MoM | 1.1 | 0.7 | 0.70 | Medium | ||
| 12:30 | PCE Price Index MoM | 0.4 | 0.5 | 0.50 | Medium | ||
| 12:30 | Non Defense Goods Orders Ex Air | -1.1 | 0.6 | 0.60 | Low | ||
| 12:30 | Continuing Jobless Claims | 1810 | 1800 | 1784.50 | Low | ||
| 12:30 | Core PCE Price Index YoY | 3.3 | 3.4 | 3.40 | Low | ||
| 12:30 | Durable Goods Orders Ex Defense MoM | 8.1 | -3.9 | -3.90 | Low | ||
| 12:30 | Jobless Claims 4-Week Average | 223.25 | 226 | 225.25 | Low | ||
| 12:30 | PCE Price Index YoY | 3.8 | 4 | 4.00 | Medium | ||
| 12:30 | Real Consumer Spending | 1.4 | 1.4 | 1.40 | Low | ||
| 15:00 | Kansas Fed Composite Index | 8 | 6 | 10.00 | Low | ||
| 15:00 | Kansas Fed Manufacturing Index | 9 | 7 | 11.50 | Low | ||
| Friday, June 26, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Wholesale Inventories MoM | 0.6 | 0.2 | 0.20 | Medium | ||
| 12:30 | Retail Inventories Ex Autos MoM | 0.6 | 0.1 | 0.10 | Medium | ||
| 12:30 | Goods Trade Balance | -83.01 | -85.4 | -85.40 | Medium | ||
| 12:30 | Goods Trade Balance Adv | -83 | -85.2 | -85.20 | Medium | ||