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).
Income Growth Expectations
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.
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.