2019 ROI First Quarter Edition 2019 - HIS Capital Group | Page 21

Switching to some other areas of the economy, credit delinquencies are growing, up 18% year-over-year. The
problem with viewing the credit card delinquencies data as a bad omen is that the 18% year-over-year growth is
from such a low base. Overall credit card delinquencies are at 2.5% – still incredibly low by historical experience.
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