Stay updated with breaking news from Data Download Program. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Written by Steven HansenHeadline consumer credit expanded significantly and well above expectations in June. Our analysis of the unadjusted data shows annual growth continues to accelerated year-over-year.
Headline consumer credit expanded in March and was above expectations. Our analysis of the unadjusted data shows annual growth is now growing year-over-year. Analyst Opinion of the Consumer Credit Situation Student loan year-over-year growth rate was marginally grew but remains in an overall slowing trend. Not only does this data set suffer from backward revision (at times moderate to significant enough to change trends -, but the use of compounding (projecting monthly change as annual change) by the Federal Reserve to determine consumer credit growth rates exaggerates the volatility in this ...
Headline consumer credit expanded in January and was above expectations. Our analysis of the unadjusted data shows annual growth is non-existant year-over-year. Analyst Opinion of the Consumer Credit Situation Student loan year-over-year growth rate was little changed and remains in an overall slowing trend. Not only does this data set suffer from backward revision (at times moderate to significant enough to change trends -, but the use of compounding (projecting monthly change as annual change) by the Federal Reserve to determine consumer credit growth rates exaggerates the volatility in thi...
Headline consumer credit contracted in January and was extremely below expectations. Our analysis of the unadjusted data shows annual growth is now in contraction year-over-year. Analyst Opinion of the Consumer Credit Situation Student loan year-over-year growth rate declined and remains in an overall slowing trend. Not only does this data set suffer from backward revision (at times moderate to significant enough to change trends -, but the use of compounding (projecting monthly change as annual change) by the Federal Reserve to determine consumer credit growth rates exaggerates the volatilit...
December 2020 Consumer Credit Growth Slows, Literally No Growth In 2020 Headline consumer credit barely expanded in December and was well below expectations. Our analysis of the unadjusted data shows annual growth continues barely in expansion year-over-year. Analyst Opinion of the Consumer Credit Situation Student loan year-over-year growth rate marginally declined and remains in an overall slowing trend. Not only does this data set suffer from backward revision (at times moderate to significant enough to change trends -, but the use of compounding (projecting monthly change as annual change...