Sentences with phrase «about consumer debt levels»

Not exact matches

Forget about household spending: with debt at record levels, consumer spending on new goods and services will be restrained.

It felt free to issue such an advisory, the central bank said, in part because it was less worried about those record levels of consumer debt and the housing market, both of which economists have said appear to be moderating.

One would hardly realize that the problem facing U.S. industrial employment is that wage earners must earn enough to pay for the most expensive housing in the world (the FDIC is trying to limit mortgages to absorb just 32 per cent of the borrower's budget), the most expensive medical care and Social Security in the world (12.4 per cent FICA withholding), high personal debt levels owed to banks and rapacious credit - card companies (about 15 per cent) and a tax shift off property and the higher wealth brackets onto labor income and consumer goods (another 15 per cent or so).

But the Korea Automobile Importers and Distributors Assn. projects 10 % growth by the imports, noting this is conservative and takes into account high levels of consumer debt and consumer doubts about the economy.

While credit card debt levels speak volumes about the state of the consumer, cardinal personal finance advice centers on staying debt - free.

So, of our clients who have filed either a consumer proposal or a bankruptcy, what can you tell us about the level of student loan, student debt that they're carrying?

RBC released its Canadian Consumer Outlook Index today which reported that despite continuing reports stating the economy is recovering quickly, Canadians are worried about their debt levels and are anxious about their jobs.

Credit Karma reports that average consumer credit card debt levels fell by about $ 1000 between January 2009 and now, which puts average credit card debt at about $ 6400.

Consumer debt is also said to be falling since 2008 but the amount consumers have borrowed currently sits at $ 2.5 trillion which is about the same level as it was prior to the recession hitting.

Signs are everywhere that Canada's once red - hot real estate market is about to freeze over, thanks to a combination of tighter mortgage rules and increasing consumer debt levels.