January 2014 Consumer Credit: Credit Card Use Up

Written by Steven Hansen Econintersect analysis is that total consumer credit growth decelerated 0.1% month-over-month, and the year-over-year growth is 5.9%. The seasonally adjusted consumer credit headlines are showing a growth of 5.25%. The underlying dynamics are very interesting this month as all the growth can be attributed to student loans – all while student …

December 2013 Consumer Credit: Credit Card Use Up

Written by Steven Hansen Econintersect analysis is that total consumer credit growth accelerated 0.1% month-over-month, and the year-over-year growth is 6.2% – up marginally from last month. The seasonally adjusted consumer credit headlines are showing a growth of 4.5% – the headline numbers are extremely noisy. Credit card growth was up in December compared to …

November 2013 Consumer Credit Rate of Growth Slows

Written by Steven Hansen Econintersect analysis is that total consumer credit growth has decelerated 0.1% month-over-month, and the year-over-year growth is 6.1% – down marginally from last month. The seasonally adjusted consumer credit headlines are showing a growth of 4.75% – the headline numbers are extremely noisy. There was significant backward revision to the data, …

October 2013 Consumer Credit Growth Remains Consistent With Economic Growth

Written by Steven Hansen Econintersect analysis is that total consumer credit growth has accelerated 0.2% month-over-month, and the year-over-year growth is 6.3% – again subtly growing from last month. The seasonally adjusted consumer credit headlines are showing a growth of 7.0% – the headline numbers are extremely noisy. There was significant backward revision to the …

September 2013 Consumer Credit Growth Remains Soft Ignoring Student Loans

Written by Steven Hansen Econintersect analysis is that total consumer credit growth has accelerated 0.1% month-over-month, and the year-over-year growth is 6.1% – subtly growing from last month. The seasonally adjusted consumer credit headlines are showing a growth of only 5.25%. There was significant backward revision to the data, but the overall “feel” of the …