I'm not quite sure how to parse that particular piece of data. It seems as though it may be nominal if we consider that the Household Debt-to GDP ratio is subs

I'm not quite sure how to parse that particular piece of data. It seems as though it may be nominal if we consider that the Household Debt-to GDP ratio is substantially decreased from 2008. Further, household debt service ratios have also decreased substantially (by roughly 30%). https://fred.stlouisfed.org/series/HDTGPDUSQ163N https://fred.stlouisfed.org/series/HDTGPDUSQ163N https://fred.stlouisfed.org/series/TDSP https://fred.stlouisfed.org/series/TDSP