Center for Microeconomic Data
SCE CREDIT ACCESS SURVEY
June Survey: The application rate for auto credit reached a series low of 12.0 percent, down 2.0 percentage points from its year-ago level. Looking ahead, respondents reported an average likelihood of applying for an auto loan over the next twelve months of 12.0 percent, an increase of 0.7 percentage point since the June 2018 survey.
SURVEY OF CONSUMER EXPECTATIONS
June Survey: Median inflation expectations increased by 0.2 percentage point at the one-year horizon and by 0.1 percentage point at the three-year horizon, both reaching 2.7 percent after declining for two consecutive months. The increases were largest for the lowest income group. Year-ahead home price change expectations were stable at 3.0 percent, while expectations for finding a job climbed to another series high.
Quarterly Report on Household Debt and Credit
Q1 Report: Total household debt rose by $124 billion (0.9 percent) in the first quarter of 2019 to reach $13.67 trillion—$993 billion higher than the previous peak, set in the third quarter of 2008. Total debt now stands 22.5 percent above the post-financial-crisis trough reached in the second quarter of 2013.
Credit card availability and use—including originations, extensions, balances, and delinquencies
Consumer experiences, behaviors, and expectations in the housing market—including mortgage financing
Consumers’ expectations and forecast uncertainty for overall inflation and home price growth, and expected price changes for key commodities
Borrowing and repayment trends in the student loan market
Data and analysis focused on consumers’ overall financial health, including their ability to save, spend, and borrow
Perceptions of labor market conditions, including the outlook for earnings growth and employment
Expectations and experiences with auto loans—including applications and rejections, balances, and delinquencies