nonfinancial corporate credit Archives

Nonfinancial Corporate Credit and Inflation: Part 4

By John Lounsbury March 3, 2024macroeconomicsNo Comments

This article concludes the analysis of the correlation patterns between Nonfinancial Corporate Credit (NFC) and Consumer Inflation (CPI). The last of the three types of inflation patterns (time periods with no significant inflation trends) is the subject of analysis here. The other two types of patterns (inflation surges¹ and disinflation/deflation surges²) were analyzed previously. The conclusion discusses the correlation patterns for all time periods, looks for any common threads, and identifies important differences across time periods and types of correlation patterns.

From a photo by Josue Isai Ramos Figueroa on Unsplash.

Corporate Nonfinancial Credit and Inflation: Part 2

By John Lounsbury February 18, 2024macroeconomicsNo Comments

The full data sets for the 71 years from 1952 to 2022 show no discernable association patterns (correlations) for nonfinancial credit growth and inflation changes.¹ This post continues that analysis by looking specifically at the various regimes of inflation change during the 71-year timeline.

From a photo by Lenny Kuhne on Unsplash

Nonfinancial Corporate Credit and Inflation: Part 1

By John Lounsbury February 11, 2024economicsNo Comments

We have found that the correlation relationships between various types of credit and inflation are variable over time. So far, the kinds of credit studied are government spending,¹ consumer credit,² and mortgage debt.³ Here, we address another category of credit spending, Nonfinancial Corporate Credit. This series studies the correlation between Nonfinancial Corporate Credit and CPI inflation.

Image by THAM YUAN YUAN from Pixabay.