Consumer confidence after September 11
The terrorist attacks on September 11 dealt a serious blow to the U.S. economy. The damage included the tragic loss of human life, massive property destruction, and disruptions to the travel and shipping industries. But immediately after the attacks, many observers also worried about the possible harm to business and consumer confidence. Although the effects on business confidence are hard to measure, regular surveys of households make it easier to assess the effects on consumer confidence. These surveys show that consumer confidence was surprisingly resilient.> Faced with this resilience, ...
A jump in consumer loans?
The dramatic increases [in consumer loans] over the past few months have been caused by a new reporting requirement issued by the Financial Accounting Standards Board.
Changing Credit Profile of Consumers: Aging Versus the Business Cycle
The average consumer credit score reached a record high recently. While some commentators attributed this development to the cyclical rebound from the Great Recession, I find that the changing age distribution of credit applicants also played a significant role. Changes in demographics alone can explain 43 percent of the increase in the average score from 1999:Q1 to 2017:Q2.
What's happening at the state and local level
A matter of antitrust: the debate over the role of government as referee of market competition
Related link(s): https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2009/summer/feature3_weblinks.cfm
Reasons for optimism: the current state of the American economy
Opinion : When disclosure is not enough
The strength of consumer balance sheets
A discussion of the 1979 to 1981 overall reduction in consumer debt and of its possible impact on the economy, with a summary of asset characteristics, and an analysis of changes in consumer balance sheets.
Any bounce in the economy in 2003?