Michigan Credit Account Transition Rates: Current to Over 30 Days Late (I:MCATRCO3)
3.63% for Q4 2023
Level Chart
Basic Info
|
Michigan Credit Account Transition Rates: Current to Over 30 Days Late is at 3.63%, compared to 3.63% last quarter and 2.86% last year. This is higher than the long term average of 3.60%. |
| Report | Household Debt and Credit Report |
| Category | Consumer & Household Statistics |
| Region | Michigan |
| Source | Federal Reserve Bank of New York |
Stats
| Last Value | 3.63% |
| Latest Period | Dec 2023 |
| Last Updated | Feb 6 2024, 11:36 EST |
| Next Release | May 7 2024, 08:30 EDT |
| Long Term Average | 3.60% |
| Average Growth Rate | 10.07% |
| Value from Last Quarter | 3.63% |
| Change from Last Quarter | 0.00% |
| Value from 1 Year Ago | 2.86% |
| Change from 1 Year Ago | 27.15% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
| Notes | 4 quarter moving average. |
Historical Data
| Date | Value |
|---|---|
| December 31, 2023 | 3.63% |
| September 30, 2023 | 3.63% |
| June 30, 2023 | 3.32% |
| March 31, 2023 | 3.13% |
| December 31, 2022 | 2.86% |
| September 30, 2022 | 2.54% |
| June 30, 2022 | 2.11% |
| March 31, 2022 | 2.11% |
| December 31, 2021 | 2.09% |
| September 30, 2021 | 2.18% |
| June 30, 2021 | 2.12% |
| March 31, 2021 | 2.03% |
| December 31, 2020 | 2.46% |
| September 30, 2020 | 3.03% |
| June 30, 2020 | 3.74% |
| March 31, 2020 | 4.59% |
| December 31, 2019 | 4.92% |
| September 30, 2019 | 4.98% |
| June 30, 2019 | 5.21% |
| March 31, 2019 | 5.00% |
| December 31, 2018 | 5.07% |
| September 30, 2018 | 4.99% |
| June 30, 2018 | 4.80% |
| March 31, 2018 | 4.99% |
| December 31, 2017 | 4.79% |
| Date | Value |
|---|---|
| September 30, 2017 | 4.84% |
| June 30, 2017 | 5.37% |
| March 31, 2017 | 5.29% |
| December 31, 2016 | 5.12% |
| September 30, 2016 | 5.13% |
| June 30, 2016 | 4.64% |
| March 31, 2016 | 4.65% |
| December 31, 2015 | 4.71% |
| September 30, 2015 | 4.42% |
| June 30, 2015 | 4.61% |
| March 31, 2015 | 4.71% |
| December 31, 2014 | 5.26% |
| September 30, 2014 | 5.42% |
| June 30, 2014 | 5.69% |
| March 31, 2014 | 5.95% |
| December 31, 2013 | 6.61% |
| September 30, 2013 | 7.39% |
| June 30, 2013 | 7.75% |
| March 31, 2013 | 8.02% |
| December 31, 2012 | 6.88% |
| September 30, 2012 | 6.34% |
| June 30, 2012 | 6.31% |
| March 31, 2012 | 6.41% |
| December 31, 2011 | 7.05% |
| September 30, 2011 | 7.14% |
Basic Info
|
Michigan Credit Account Transition Rates: Current to Over 30 Days Late is at 3.63%, compared to 3.63% last quarter and 2.86% last year. This is higher than the long term average of 3.60%. |
| Report | Household Debt and Credit Report |
| Category | Consumer & Household Statistics |
| Region | Michigan |
| Source | Federal Reserve Bank of New York |
Stats
| Last Value | 3.63% |
| Latest Period | Dec 2023 |
| Last Updated | Feb 6 2024, 11:36 EST |
| Next Release | May 7 2024, 08:30 EDT |
| Long Term Average | 3.60% |
| Average Growth Rate | 10.07% |
| Value from Last Quarter | 3.63% |
| Change from Last Quarter | 0.00% |
| Value from 1 Year Ago | 2.86% |
| Change from 1 Year Ago | 27.15% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
| Notes | 4 quarter moving average. |