The American consumer still has some dry powder left when it comes to credit. But the revolving balances we’re carrying — and which increased into...
Consumers’ confidence in income growth took a hit in January. Their median expected growth in household income dropped by 1.3 percentage points — the largest...
Consumers’ inflation perceptions are consistently higher than government figures. The Federal Reserve Bank of New York’s closely watched Survey of Consumer Expectations for December, released...
Consumer credit demand has been on the decline this year, except when it comes to new applications for credit cards. That’s according to the latest...
New data from the Federal Reserve Bank of New York shows American household debt continuing to climb, with credit card balances jumping at their largest...
The pandemic is ebbing, and the U.S. economy is — in lumpy fashion, to be sure — reigniting. That means forbearance programs are due for...
Given that the ways in which we pay are changing, the ways we carry debt are changing, and the very profile of the consumer is...
More than one in 10 mortgage borrowers participated in a mortgage forbearance during the past year for at least a month, but many of them...
American consumers increased their expectations for spending, inflation and home prices in March, the Federal Reserve Bank of New York said in a press release,...