Consumers are OK For Now Judging by Credit Card Delinquencies

Feb 14, 2023 | Macro Insights, No Bull Economics

Credit Card Deliquency Post Banner

Credit card debt is up sharply post-covid which is not surprising given the substantial inflation that subsequently developed. Unfortunately, credit card interest rates have also increased substantially because of Fed actions. What is interesting is that credit card delinquencies remain at manageable levels, reflecting the benefit of a resilient labor market.

Consumer Delinquency Rate Graph
Consumer Delinquency Rate Graph
Marketing Consumer Research Weekly Banner
Research Services Banner

Nobull consumer research weekly

No Bull Economics

Get Corporate & Market Insights in your inbox