Consumer Debt Growth Stalls Despite Strong Sectors
The upward trend in per capita consumer debt slowed in the third quarter of 2016.
The Enduring Regional Economic Challenges Associated with the Pandemic
Families in the Eighth District states are already struggling because of the pandemic. Until COVID-19 is reined in, the economic effects will likely endure.
Household Debt Relief Enters Critical Transition Period
The pandemic elicited many policy responses in support of consumer debt relief. These policies have already expired or will expire in 2022, ushering in a critical period of debt transition.
A report on economic conditions in the Memphis zone
Mortgage Debt Continues to Decline While Auto Lending Soars
Auto and student loans remained the fastest growing consumer debt categories in the second quarter, a Center for Household Financial Stability report states.
Monitoring the Recovery of Vulnerable Workers and Their Families
Some vulnerable workers are experiencing a job recovery at the same pace as overall workers. But trends show little headway in narrowing pre-pandemic labor gaps.
A report on economic conditions in the Little Rock zone
Auto Debt Expansion Continues to Slow While Subprime Delinquencies Rise
In the fourth quarter of 2016, auto debt grew more slowly but subprime delinquencies on car loans rose.
The Fed's bloated balance sheet: how we got here and why it's familiar
Quantitative easing has led to the largest expansion of the Fed?s balance sheet since WW II. While this, naturally, leads to concern about inflation, the Fed has the tools to unwind the balance sheet once the economy builds steam.
Job gains and losses at large and small firms during the Great Recession
Conventional wisdom says that employment at small firms declines more than employment at large firms during recessions. However, that doesn?t seem to have been the case during the Great Recession of 2007-09.