All Library branches will be closed and the Mobile Library will not make its scheduled stops on Monday, May 25, in observance of Memorial Day.
Published November 6, 2008 Submitted by: Mike
In 1959, debt made up 58.8% of a typical household's disposable income. In 2007, the figure jumped to 141.3%. Mortgage debt (103.3% in 2007) was 37.1% in 1959; consumer credit went from 16.3% ('59) to 25.1% ('07). Particularly disturbing, when one considers the recent Commerce Department report that consumers' disposable income has suffered its worst recorded decline.
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