The percentage of consumers with debt at a collection agency has fallen over the past couple years, although the average collection amount has risen over the same period.... Read More
Household debt broken down by delinquency status... Read More
Credit card debt finally bounced back a bit after declining for the first three quarters of 2020.... Read More
The fourth quarter saw $1.17 trillion in mortgage origination, the highest level since 2003.... Read More
Q4 GDP rose 4% on an annualized basis, largely on the back of private business investments and inventory rebuilds.... Read More
As countries try to keep their economies afloat during the pandemic, global money supply growth has marched higher. M2 growth in the U.S. is at its highest level on record.... Read More
Those wanting to ship goods from China to Europe are facing massive cost increases.... Read More
There is a real chance the U.S. could experience a double-dip recession. The hope is this would also be a short-lived recession as the vaccine will help get COVID under control later this year. But, for now, many measures suggest the economy is struggling.... Read More
A home may be the biggest purchase most people make in their lives, but households' home equity is actually comparable to households' direct stock ownership.... Read More
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.... Read More
Over 44% of FDIC deposits in the U.S. are uninsured.... Read More
Although most economies are on much better footing versus the early stages of the pandemic, leading indicators suggest growth will remain below average for most countries.... Read More
Although high income employment has already recovered pre-pandemic levels, low income employment remains almost 20% below January levels.... Read More
Household debt in the U.S. rose slightly to $14.35 trillion in the third quarter.... Read More
Consumers are being cautious with their lines of credit, using just 21% of their credit limit. This marks the lowest utilization rate since at least 1998.... Read More
People under 30 hold a relatively small amount of debt compared to other age groups. Student loans make up the largest portion of their debt.... Read More
The percentage of consumers with debt at a collection agency has fallen over the past couple years, although the average collection amount has risen over the same period.... Read More
Household debt broken down by delinquency status... Read More
Credit card debt declined for the third straight quarter as the pandemic took hold.... Read More
The third quarter saw $1.05 trillion in mortgage origination, the highest level since 2003.... Read More