We appreciate the American Banker’s coverage of our exclusive Consumer Credit Conditions (C3) Index, which we release quarterly.
The C3 Index is designed to highlight the crucial role the consumer credit industry plays in the broader American economy and reflects the outlook of our participating members whose lending connects consumers with the millions of businesses they purchase from. For much of the past year, while lingering economic uncertainty and what can be best termed a “unique” marketplace with inflation, sluggish economic and job growth, our members have kept a guardedly upbeat outlook long-term.
This quarter’s survey continues to reflect that despite the challenges consumers, lenders and businesses have faced. You can read the full summary and full survey here.