Center for Microeconomic Data
SCE PUBLIC POLICY SURVEY
April Survey: New data capture consumers’ outlook for a range of assistance and social insurance programs, as well as taxes and fees. The survey also asks consumers about the potential household impact of changes in these policy areas. Among the findings: the average percent chance of an expansion in unemployment benefits increased sharply to 53.4 percent in April 2020 from 15.3 percent in December 2019.
(posted May 26)
SURVEY OF CONSUMER EXPECTATIONS
April 2020 Survey: Respondents’ expectations about most economic outcomes showed considerable deterioration. The perceived probability of losing one’s job set a series high for the second consecutive month, reaching 20.9 percent. Expectations for earnings, income, and spending growth each reached series lows. The perceived and expected availability of credit worsened.
(posted May 11)
Quarterly Report on Household Debt and Credit
Total household debt climbed by 1.1 percent to $14.3 trillion in the first quarter of 2020, largely driven by a rise in mortgage balances. Increases in student and auto loans were nearly offset by decreases in credit card balances and other forms of debt. The drop in credit card balances was greater than the usual seasonal decline but it is too soon to confidently assess any connection between this and the coronavirus outbreak.
(posted May 5)
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
Consumers’ outlook on public policy—likelihood of changes, impact of shifts