{"id":1004172369,"date":"2017-04-10T05:02:35","date_gmt":"2017-04-10T13:02:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004172369"},"modified":"2022-12-08T11:53:12","modified_gmt":"2022-12-08T19:53:12","slug":"economy-watch-higher-wages-more-borrowing-bode-well-for-economy","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/","title":{"rendered":"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy"},"content":{"rendered":"<p>By Dees Stribling, Contributing Editor<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004162026\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/crowdsourced-debt-growing-option-for-small-properties\/money\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg\" data-orig-size=\"1024,658\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"money\" data-image-description=\"&lt;p&gt;Do not use this image in other posts&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;flickr Creative Commons image courtesy of: CheapFullCoverageAutoInsurance.com&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg?w=1024\" class=\"alignright size-medium wp-image-1004162026\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg\" alt=\"money\" width=\"300\" height=\"193\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg?resize=300,193 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg?resize=768,494 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Two newly released metrics point to a stronger economy, or at least consumers who perceive it to be stronger: wage increases, as reported by the Bureau of Labor Statistics, along with the jobs numbers on Friday, as well was consumer borrowing statistics, which were released by the Federal Reserve on Friday. Wages are up, and confident consumers are borrowing more.<\/p>\n<p>According to the BLS, average hourly earnings for all employees increased by 5 cents to $26.14, following a <a href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-weekly-februarys-strong-job-and-wage-growth\/\">7-cent increase in February<\/a>. Over the last 12 months, average hourly earnings have risen by 68 cents, or 2.7 percent, which is ahead of inflation. In March, average hourly earnings of private-sector production and nonsupervisory employees increased by 4 cents, to $21.90.<\/p>\n<p>Also, according to the Fed, U.S. credit card debt in February totaled more than $1 trillion, as did auto loans and student debt. That&#8217;s up 6.2 percent from a year ago and up 0.3 percent compared with January. The February credit card debt totals is also at its highest level since early 2009.<\/p>\n<p>Higher credit card borrowing generally points to a greater willingness to spend money on the smaller consumer items generally bought with credit cards, which tend to be more discretionary than bigger-ticket items. Moreover, missed payments on these kinds of loans are at near record-low levels, though they have been rising a bit in recent months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest jobs and wage growth numbers seem to point to the U.S. economy&#8217;s continued growth, supported by a boost in consumers&#8217; borrowing activity, according to the Bureau of Labor Statistics and the Federal Reserve.<\/p>\n","protected":false},"author":1023,"featured_media":1004162026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[32766,32765],"class_list":["post-1004172369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","tag-bureau-of-labor-statistics","tag-the-federal-reserve-system"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economy Watch: Higher Wages, More Borrowing Bode Well for Economy - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy\" \/>\n<meta property=\"og:description\" content=\"The latest jobs and wage growth numbers seem to point to the U.S. economy&#039;s continued growth, supported by a boost in consumers&#039; borrowing activity, according to the Bureau of Labor Statistics and the Federal Reserve.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-10T13:02:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T19:53:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"658\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/\"},\"author\":{\"name\":\"Dees Stribling\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"headline\":\"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy\",\"datePublished\":\"2017-04-10T13:02:35+00:00\",\"dateModified\":\"2022-12-08T19:53:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/\"},\"wordCount\":234,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/12\\\/money.jpg\",\"keywords\":[\"Bureau of Labor Statistics\",\"The Federal Reserve System\u200d\"],\"articleSection\":[\"National\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/\",\"name\":\"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/12\\\/money.jpg\",\"datePublished\":\"2017-04-10T13:02:35+00:00\",\"dateModified\":\"2022-12-08T19:53:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/12\\\/money.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/12\\\/money.jpg\",\"width\":1024,\"height\":658,\"caption\":\"flickr Creative Commons image courtesy of: CheapFullCoverageAutoInsurance.com\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\",\"name\":\"Dees Stribling\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"caption\":\"Dees Stribling\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/dcstribling\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/","og_locale":"en_US","og_type":"article","og_title":"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy","og_description":"The latest jobs and wage growth numbers seem to point to the U.S. economy's continued growth, supported by a boost in consumers' borrowing activity, according to the Bureau of Labor Statistics and the Federal Reserve.","og_url":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-04-10T13:02:35+00:00","article_modified_time":"2022-12-08T19:53:12+00:00","og_image":[{"width":1024,"height":658,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg","type":"image\/jpeg"}],"author":"Dees Stribling","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/"},"author":{"name":"Dees Stribling","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c"},"headline":"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy","datePublished":"2017-04-10T13:02:35+00:00","dateModified":"2022-12-08T19:53:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/"},"wordCount":234,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg","keywords":["Bureau of Labor Statistics","The Federal Reserve System\u200d"],"articleSection":["National","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/","url":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/","name":"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg","datePublished":"2017-04-10T13:02:35+00:00","dateModified":"2022-12-08T19:53:12+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg","width":1024,"height":658,"caption":"flickr Creative Commons image courtesy of: CheapFullCoverageAutoInsurance.com"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-higher-wages-more-borrowing-bode-well-for-economy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Economy Watch: Higher Wages, More Borrowing Bode Well for Economy"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c","name":"Dees Stribling","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","caption":"Dees Stribling"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/dcstribling\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/money.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004172369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1023"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004172369"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004172369\/revisions"}],"predecessor-version":[{"id":1004616034,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004172369\/revisions\/1004616034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004162026"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004172369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004172369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004172369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}