Center for Microeconomic Data

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.
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.
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.