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August 2, 2022
A top ranked economics and finance blog with a focus on the housing market
August 2, 2022
Credit card balances increased $46 billion in the second quarter, a 5.5% increase from the first quarter, and there was also an uptick in new credit card accounts.
August 2, 2022
From Bloomberg: U.S. household debt increased by 2% to $16.2 trillion in the second quarter, with mortgages, auto loans and credit-card balances all seeing sizable increases, according to a report by the New York Federal Reserve Bank.
August 2, 2022
The mortgage debt rose 1.9 percent this past quarter as the housing market continues to soar coming out of the pandemic.
August 2, 2022
The mortgage debt rose 1.9 percent this past quarter as the housing market continues to soar coming out of the pandemic.
July 18, 2022
U.S. consumers see inflation continuing to rise in the year ahead but expect to see a more moderate pace over the medium to longer term. That's according
July 12, 2022
July 11, 2022- The Federal Reserve Bank of New York's Center for Microeconomic Data released the June 2022 Survey of Consumer Expectations, which shows an increase in shor...
June 14, 2022
Federal Agencies- Federal Reserve Bank of New York- Survey of Consumer Expectations: Household Spending Expectations Rise Sharply; Credit Access Perceptions and...
June 14, 2022
(The Center Square) – Americans expect inflation to get worse and are not confident in the U.S. economy, according to a new survey.
June 13, 2022
(The Center Square) – Americans expect inflation to get worse and are not confident in the U.S. economy, according to a new survey.