DSNews BY: Brian Honea November 16, 2015 Mortgage delinquency rates continued their trend of year-over-year double-digit declines in the third quarter of 2015, which contributed to the strong performance of consumer credit markets during Q3, according TransUnion’s Q3 2015 Industry Insights Report released Monday. While aggregate revolving credit balances rose by $13.5 billion […]
Category: Consumer Spending
Fueled by Lower Gas Prices, Consumer Sentiment Reaches Highest Level in a Decade
DSNews: Author: Tory Barringer January 16, 2015 American consumers are heading into 2015 feeling good about their economic prospects, according to a preliminary confidence measure. A first-look reading of the University of Michigan/Thomson Reuters consumer confidence index shows the measure climbed to 98.2 as of mid-January, up nearly five points from a final December reading […]
Q3 GDP Revision Pushes Economy to Fastest Growth in a Decade
DSNews Author: Tory Barringer December 24, 2014 A strong revision to consumer spending helped push the economy to its fastest growth rate in more than a decade last quarter. According to a third reading released Tuesday by the Bureau of Economic Analysis (BEA), gross domestic product (GDP) increased at an annualized rate of 5.0 […]