Projected real estate debt more than double nonreal estate debt in 2023; both increased steadily since 2000
- by Anil K. Giri and Dipak Subedi
- 8/10/2023
USDA’s Economic Research Service projects that U.S. farm debt is expected to rise to a record level in 2023, with interest rates as the fastest-growing production cost. However, when measured using solvency and liquidity ratios, the potential impact of higher interest expenses is minimal.