Center for Microeconomic Data
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.
Survey of Consumer Expectations
Median inflation expectations increased modestly to 3.0 percent at both the one- and three-year horizons, reaching a level last obtained in a temporary uptick in early 2017. While the rise in short-term inflation expectations was broad-based across income groups, the increase in medium-term inflation expectations was driven by respondents with incomes at or above $50,000 per year.
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