The Federal Reserve Bank of New York will release its Q1 2020 Household Debt and Credit Report on Tuesday, May 5 at 11 AM EDT.
The Household Debt and Credit Report offers an updated snapshot of household trends in borrowing and indebtedness, including data about mortgages, student loans, credit cards, and auto loans.
The latest report captures consumer credit data as of March 31, 2020. However, given that individual credit accounts are typically updated monthly, the data do not fully reflect the potential effects of COVID-19 that materialized in the second half of March 2020.
In conjunction with the report, the New York Fed will publish a Liberty Street Economics blog post examining the credit positions of American households just prior to the onset of the COVID-19 crisis.