Heath Witzen

A link to the report in full ->

Shutdown threatens financial emergency for millions living paycheck to paycheck About 40% of Americans report having no spare savings and living paycheck to paycheck.

This Axios piece cites my report from January on Rental Housing delinquencies using payment data

Your daily reminder that US economic data is of extremely high quality even when compared to other advanced nations and the envy of the world

This action by Lisa Cook is courageous, principled, and deserves broad support.

As someone who's been to Cracker Barrel a ton and whose mom would make him chicken and dumplin's for his birthday, I've never felt so qualified to comment on something in my life. And even I don't care

It has been the honor of my life to serve as Commissioner of BLS alongside the many dedicated civil servants tasked with measuring a vast and dynamic economy. It is vital and important work and I thank them for their service to this nation.

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Adding the main figure on rent delinquencies

An Introduction to the CFPB’s Rental Payment Data and Analysis | Consumer Financial Protection Bureau Report provides detailed information on new rental housing payment data with comparisons to external sources.

Accompanying that is a longer report diving deeper into the data

Behind on Rent? Examining Rental Housing Delinquencies in New Payment Data | Consumer Financial Protection Bureau Report provides insights on rental housing payment delinquencies using new payment data.

Check out this short report examining payment delinquencies in new rental housing payment data

These differences are stark even if you adjust for income and age. Some other suggestive evidence of higher levels of late/overdraft/NSF fees

The Financial Security of Small Business Owners: Evidence from the Making Ends Meet Survey | Consumer Financial Protection Bureau This report provides new insights about the financial security of small business owners using questions about business ownership in the Making Ends Meet Survey.

Check out our short report on self-identified business owners in the CFPB Making Ends Meet survey.

We find business owners are much more likely to report having income that varies month-to-month and experiencing a drop in income in the previous 12 months

Merry Christmas and Happy Hanukkah!

New Business Applications increased in November 2024 remaining at high levels relative to 2019. Applications in November 2024 for likely employers 46% higher than average month in 2019.

Working paper on search frictions in the small business lending market. I provide evidence that costly search leads borrowers to accept higher interest rates on loans and lines of credit. papers.ssrn.com/sol3/papers....

Working paper! papers.ssrn.com/sol3/papers....