Dynamic Maps of Bank Card and Mortgage Delinquencies in the United States
From press release:
The Federal Reserve Bank of New York announced…the availability of dynamic maps and data that show the rate of bank credit card delinquencies and mortgage delinquencies by county across the United States during the first quarter of 2008. These new measures complement the nonprime mortgage information released periodically since last March by providing a more comprehensive view of regional credit conditions.
The maps and supporting spreadsheets can help identify geographic areas with weak or deteriorating credit conditions. On a county-by-county basis, they display the 60 day or more delinquency rate for credit cards issued by banks and 90 day or more delinquency rate for mortgages (including prime and nonprime). They also show percentage point changes in these two delinquency rates from one year ago.
This information can assist governments and community groups in targeting efforts to aid troubled and at-risk households. In addition, policymakers can use the maps and data to develop and prioritize plans to address the impact that widespread mortgage delinquencies and other credit problems could have on local economies.
Source: Federal Reserve Bank of New York
