ALEXANDRIA, Va. (July 25, 2012) – The National Credit Union Administration (NCUA) released the agency’s July economic update today. The video reviews the latest in economic trends and how they are affecting the credit union industry.
NCUA Chief Economist John Worth focuses this latest economic update on consumer installment credit, auto loans, and consumer spending. The new video also covers recent developments in the housing market and employment sector. Finally, the video reviews potential risks to the economy.
Watch the latest economic update video for free on NCUA’s official “YouTube” channel at http://youtu.be/u4DVy6UVagc.
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the United States, NCUA operates
and manages the National Credit Union Share
Insurance Fund, insuring the deposits of more than
98 million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions. At
Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.