Wednesday, 20 of June of 2018

Economics. Explained.  

Consumer Loans

April 27, 2018

Consumer loans rose 3.9% in March after having risen 4.6% in February (the purple bars).  Over the course of the past year consumer loans have climbed by 5.4% (in red).

Indeed, since the election bank in November of last year lending of all types — business loans, mortgage loans, and consumer loans have all slowed dramatically.  During the past year such loans have climbed 4.1%. Given that the recent slowdown began right after the election it may have something to do with uncertainty regarding the fate of Dodd-Frank legislation under the Trump Administration.

Stephen Slifer

NumberNomics

Charleston, SC


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