Center for Microeconomic Data
Survey of Consumer Expectations
Households’ expectations about income, earnings, and spending growth all declined in the May 2018 SCE, as did year-ahead expectations about household financial situations and credit availability. Declines in household income growth expectations were most pronounced among respondents with lower levels of education (high-school degree or less) and income (less than $50,000 per year).
Quarterly Report on Household Debt and Credit
Q1 Report: Total household debt increased by $63 billion, or 0.5 percent, to reach $13.21 trillion in the first quarter of 2018—the fifteenth consecutive quarterly increase. Mortgage balances, the largest component of household debt, rose by $57 billion to reach a total of $8.94 trillion.
SCE HOUSING SURVEY
Attitudes about the value of housing as a financial investment were more positive in the latest SCE Housing Survey than they were a year ago: 65 percent of respondents think that buying property in their zip code is a very or somewhat good investment, compared with 60 percent in 2016. Only 11 percent think housing is a bad investment.
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