Consumer Credit Growth Increased in May

Streaming prices accelerated through 2025, jumping nearly 20% in December alone as providers cracked down on password sharing, faced higher sports-rights costs, and prioritized profits.

New orders for manufactured durable goods increased $25.5 billion, or 7.9%, from the previous month to $346 billion in April, the U.S. Census Bureau said.

The rate for a 30-year fixed-rate mortgage was 6.53% this week. The rate for a 15-year fixed-rate mortgage was 5.87%.

ABA’s economists believe the second estimate of Q1 GDP shows that the U.S. economy continued to expand in early 2026, and at an increased pace from the previous quarter, with strong nonresidential investment supporting C&I loan demand. On...

ABA economists believe the April data indicates inflationary pressures remain elevated and are moving away from the Fed’s 2% target. Persistent price growth continues to pressure household balance sheets, increasing risks to credit performance for consumer loans, especially...

The banking industry reported a return on assets ratio of 1.26% and aggregate net income of $80.5 billion in the first quarter of 2026, an increase of $2.8 billion, or 3.6%, from the prior quarter, according to the...