…and charts?

February 6th, 2013

Follow up on my last post about statistics…

My understanding from the media is that consumer debt is on the rise and the highest it’s been in years… but this chart seems to contradict those reports.

I’ll let my kind readers give me their views on the topic.

Household Credit growth: Canada

This is what I love (hate) about stats… the above looks like consumer credit is down… significantly. The source, RBC, seems credible to me.

As Jim Rohn might say, “Fascinating”.

 

 

 

 

One response to “…and charts?”

  1. walshsurvey says:

    The thing is that the graph is in percentage change. So we are still going up, just not as fast.