Consumer and Labor Income

Tracks whether final demand is funded by wages and income or by savings depletion and credit.

Layer Health Score
62

Current strength from layer metric scores weighted by data confidence.

Layer Stress Buffer
28

How much cushion this layer has against overheating and deterioration signals. Higher means more room.

Layer Data Confidence
3

Freshness, estimate labeling, and source coverage for this layer.

Consumer and Labor Income Trend
Positive Drivers
Credit Card Delinquency Trend+2.2
Consumer Credit ComplexChange 0New York Fed seed fixture
Credit Card Delinquency Trend+0.6
Household DebtChange 1New York Fed seed fixture
Negative Drivers
Credit Card Delinquency Trend-1.6
Household DebtChange 1New York Fed seed fixture
Credit Card Delinquency Trend-0.0
Consumer Credit ComplexChange 0New York Fed seed fixture
Layer Metrics
MetricLayerDirectionWeightLatestData Confidence
Real Disposable Personal Income GrowthConsumer and Labor IncomeHigher is better0.2-0.3
0
Personal Consumption Expenditure GrowthConsumer and Labor IncomeMiddle range is better0.22.4
0
Revolving Consumer Credit Growth AccelerationConsumer and Labor IncomeLower is better0.23.2
0
Unemployment Rate Six-Month ChangeConsumer and Labor IncomeLower is better0.20.56
0
Credit Card Delinquency TrendConsumer and Labor IncomeLower is better0.22
11
Layer Alerts
SeverityDateTitleLayerEntityEvidence
Warning
Labor-market stress rose over six months
The unemployment rate increased by at least 0.5 percentage points over six months.
Consumer and Labor IncomeUS Labor Market
Watch
Consumer spending rose while real income weakened
Real disposable income declined while consumer spending rose and revolving credit accelerated.
Consumer and Labor IncomeUS Consumer Macro