SCE Household Spending Survey
August Survey: Monthly household spending increased a median 2.3 percent year over year in August. The series has held at this value since August 2018. Looking ahead, respondents expect monthly spending to increase 2.4 percent over the next year, down from an expected 2.6 percent in April.
SURVEY OF CONSUMER EXPECTATIONS
August Survey: Expectations for year-ahead inflation, home price changes, and changes in the cost of medical care and rent declined to new series lows. Respondents were also less optimistic in their outlook for employment, earnings, spending, and income, as well as in their expectations for their own household financial situations.
Quarterly Report on Household Debt and Credit
Q2 Report: Total household debt rose by $192 billion (1.4 percent) in the second quarter of 2019 to $13.86 trillion—a level that is 24.3 percent above the trough from the second quarter of 2013. Nominal mortgage balances grew to $9.4 trillion, surpassing a 2008 peak, while mortgage delinquencies and the average credit profile of mortgage borrowers continued to improve.