The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through February 2020. In February, consumer credit increased at a seasonally adjusted annual rate of 6.4% from the previous month, with revolving debt1 increasing by 4.6% and nonrevolving debt2 increasing by 7 percent. Consumer credit totaled $4.2 trillion on a… Read More ›
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Household Balance Sheets: 4Q19
The fourth quarter 2019 Financial Accounts of the United States, the Federal Reserve’s flow of funds data, show the aggregate values of households’ assets and liabilities in the nation. Households’ real estate assets totaled $29.3 trillion and liabilities totaled $10.6 trillion, making homeowners’ equity $18.7 trillion or 64% of total household real estate. The data show a continuation of the… Read More ›
Student Loan Debt Spikes in January
The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through January 2019. In January, consumer credit increased at a seasonally adjusted annual rate of 3.5% from the previous month, with revolving debt1 decreasing by 3.3% and nonrevolving debt2 increasing by 5.8 percent. Consumer credit totaled $4.2 trillion on a… Read More ›
Consumer Credit Expanded in 2019
The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through December 2019. In 2019, consumer credit increased 4.8 percent, with revolving and nonrevolving credit increasing 4.3 percent and 4.8 percent, respectively. In December, consumer credit increased at a seasonally adjusted annual rate of 6 percent from the previous month,… Read More ›
Demand for Construction Loans Slowed at End of 2019
The Federal Reserve’s latest Senior Loan Officer Opinion Survey contains the reported lending practices, as of the fourth quarter of 2019, of 80 large domestically chartered commercial banks and up to 24 large U.S. branches and agencies of foreign banks. The questions that comprise most of the survey are those relating to Commercial & Industrial (C&I) loans, Commercial Real Estate… Read More ›
Consumer Credit Continues to Expand
The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through November 2019. In November, consumer credit increased at a seasonally adjusted annual rate of 3.6 percent from the previous month, with revolving debt1 decreasing by 2.7 percent and non-revolving debt2 increasing by 5.8 percent. Consumer credit totaled $4.2 trillion… Read More ›
Revolving Debt Expands in October
The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through October 2019. In October, consumer credit increased at a seasonally adjusted annual rate of 5.5 percent from the previous month, with revolving debt1 increasing by 8.8 percent and nonrevolving debt2 increasing by 4.3 percent. Consumer credit totaled $4.2 trillion… Read More ›
Consumer Credit Increases in Third Quarter Despite Bank Lending Tightening
The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through September 2019. In September, consumer credit increased at a seasonally adjusted annual rate of 2.8 percent from the previous month, with revolving debt1 decreasing by 1.2 percent and nonrevolving debt2 increasing by 4.2 percent. Consumer credit totaled $4.1 trillion… Read More ›
Senior Loan Officer Opinion Survey: Multifamily Lending Market Neutral Conditions
The Federal Reserve’s latest Senior Loan Officer Opinion Survey contains the reported lending practices, as of the third quarter of 2019, of 80 large domestically chartered commercial banks and up to 24 large U.S. branches and agencies of foreign banks. The questions that comprise most of the survey are those relating to Commercial & Industrial (C&I) loans, Commercial Real Estate… Read More ›
Nonrevolving Debt Surges
The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through August 2019. In August, consumer credit increased at a seasonally adjusted annual rate of 5.3 percent from the previous month, with revolving debt1 decreasing by 2.2% and nonrevolving debt2 increasing by 7.8%. Consumer credit totaled $4.1 trillion on a… Read More ›