Page 10 - US Market Performance Report 1Q 2018
P. 10
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The annual growth rate of consumer debt has been slowing since 2015, as follows:
‘15-16 = +6.8% ‘16-17 = +5.2% ‘17-18 = +4.9%
But the chart at the right shows the steeper rates of decline in real per capita consumer debt.
Annual Changes in Real per Capita Consumer Debt
Annual Averages: 1961 through 2018 in Current $'s
Annual Changes in Real Per Capita Consumer Credit Debt $700 SOURCE: BUREAU OF ECONOMIC ANALYSIS, US FEDERAL RESERVE, US CENSUS
% Change
14% 12% 10% 8% 6%
2%
1960's
1970's
1980's
1990's
2000's
2010's
$600
$500
$400
$300
$200 4%
$100
-$100 -$200 -$300 -$400 -$500 -$600 -$700
60 70 80 90 00 10
-2% -4% -6% -8% -10% -12% -14%
$0 0%
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