Economics at your fingertips  

Increased credit availability, rising asset prices help boost consumer spending

John Duca, Anthony Murphy () and Elizabeth Organ
Additional contact information
Elizabeth Organ: New York University School of Law

Economic Letter, 2016, vol. 11, issue 3, 4 pages

Abstract: A combination of much less household debt, revived access to consumer credit and recovering asset prices have holstered U.S. consumer spending. This trend will likely continue despite an estimated 50 percent reduction since the mid-2000s of the housing wealth effect—an important amplifier during the boom years.

Date: 2016
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Letter from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by Amy Chapman ().

Page updated 2019-10-21
Handle: RePEc:fip:feddel:00030