In early 2010, the Payment Cards Center created a section on its website aimed at providing easy access to a variety of statistics concerning consumer credit and payments. The data, collected by center staff, come from a number of sources, including the Federal Reserve, the U.S. Census Bureau, and industry sources. The data are grouped into two “snapshots.” Each snapshot includes subsections that present specific statistics, a description of the data, links to the data source, tables presenting the most recent data, and charts displaying longer-term trends.
The first snapshot highlights consumer credit data at the aggregate and family level, as well as data on credit conditions and performance. The second snapshot highlights data on consumer payment choice and usage.
This addition to the center’s website assembles, in one place, a wide variety of data on current and recent conditions in consumer credit and payment markets. “Much of this data will be updated quarterly, making these pages a good place to quickly assess conditions in those markets,” said Bob Hunt, assistant vice president and director of the Payment Cards Center.
The center hopes that the availability of these statistics will make it easier for researchers, industry representatives, and consumers to complete their research. In the first quarter, the Consumer Statistics pages were among the top five visited pages on our site, a clear sign that people are interested in this type of data.