Wednesday, March 11, 2009

New Survey of Consumer Finances Released

Those of you readers who are Money Dorks (as I am) will not want to miss downloading the 2007 Survey of Consumer Finances, recently released:

Federal Reserve: 2007 Survey of Consumer Finances (Summary)

And Credit Slips contributor Adam Levitin has a nice write-up on some noteworthy aspects of revolving consumer debt in the SCF.

I very much agree with him that the data in this SCF — gathered as it was in 2007 and early 2008 — is already likely very outdated, given the huge economic instabilities which have transpired since that time.

Still, I always look forward to the SCF releases, simply from a data-lover's point of view.

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— Posted by Michael @ 8:37 AM








3 Comments:
 

Amen! I love stuff like this. Thanks for sharing.

I found you via Wisebread's Top 100 Personal Finance Blogs. Congrats on making the list!

 

Have you checked out the 1200 page data deck?

I'm waiting for the other half of the usual analysis, which was out in late February 3 years ago. If you're a numbers fan, check out the tables I derived from Currents and Undercurrents, at http://www.wealthandwant.com/issues/wealth/90-9-1_Tables.html and http://www.wealthandwant.com/issues/wealth/50-40-5-4-1.htm -- particularly the 7th table of each. I'd be curious to hear what you think!

 

I agree with the financial nut up there. Keep up the good work. I found you the same way.

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