Consumers are being cautious with their lines of credit, using just 21.1% 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 second straight quarter as the pandemic took hold.... Read More
The second quarter saw $846 billion in mortgage origination, the highest level since 2003.... Read More
Consumer spending has stalled since mid-June.... Read More
A new Census Bureau survey offers an interesting window into the employment situation of U.S. households during the pandemic.... Read More
Despite concerns that the stimulus checks would be used in unintended ways, the majority of households spent the money on essentials.... Read More
Jobs have steadily increased for college grads since 2007, but the same cannot be said for those less educated.... Read More
Personal consumption posted its worst quarter since at least 1947 as quarantines put a halt to spending.... Read More
Elon Musk has rapidly moved up the list of the world's richest people.... 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
Excess deaths over modeling during the COVID-19 pandemic shows more than 300,000 "extra" deaths than predicted. This is 3x the official COVID-19 death count of 100,000.... Read More
The world ex-United States is seeing a new high in the number of people infected. Iran has a serious reinfection wave ongoing. In the United States, New York/New Jersey is in a definite downtrend while the rest of the country is holding steady.... Read More
Household debt in the U.S. grew to $14.3 trillion in the fourth quarter.... Read More
Credit limits in the U.S. have surpassed pre-crisis levels, but utilization rates remain low.... Read More
Student loan debt has grown at an astronomical rate since the financial crisis.... Read More