https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q1 2025 about expenditures, federal, government, GDP, and USA.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Total Federal Outlays (MTSO133FMS) from Oct 1980 to Jun 2025 about outlays, federal, and USA.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Effect of the American Recovery and Reinvestment Act (ARRA) on Federal Government Net Lending or Net Borrowing (-) (DISCONTINUED) (NLEBORQ027SBEA) from Q1 2009 to Q1 2013 about ARRA, borrowings, federal, Net, loans, government, and USA.
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
Debt collection agencies have been severely impacted by several macroeconomic events and uneven consumer sentiment, creating large shifts in debt payments and new debt accrual. Following the pandemic, debt collection agencies struggled to find their footing, as a multitude of government assistance through policies such as the American Rescue Plan of March 2021 and student loan freeze bolstered individual consumers’ debt repayment capabilities and resulted in a considerable slowdown in overall debt accrual. However, in recent years, this has reversed, as the interest rate hikes in 2023, which peaked at 5.3% per the Federal Reserve, made it more difficult to finance debt payments. The lifting of the student loan freeze in October 2023 created further repayment stresses for consumers, while businesses were forced to rely on more expensive financing options for their capital needs due to high interest rates. Despite the more recent recovery, the overarching effects of debt repayment freeze and generous federal stimulus resulted in revenue slipping at a CAGR of 2.6% to an estimated $16.4 billion over the past five years, including an estimated 2.3% boost in 2025 alone. Small debt collection agencies face significant pressure from emerging accounts receivable platforms and virtual debt collection companies that aim to replace traditional practices. Prominent debt collectors can invest in new communication methods and data analytics, giving them an edge in outreach techniques such as telephone calling and social media communications. Competitive pressures intensify as new technology enables companies to manage their own debt collection, while out-of-market firms like fintech, e-commerce and payment platforms gain new revenue streams. Prominent companies, such as Alorica Inc., have responded tactically, with the company pursuing an AI cloud partnership with Google in October 2024 which bolstered profitability through more efficient internal workflow and direct-to-consumer services.Moving forward, debt collection agencies face positive prospects amid anticipated slowdown in interest rates and continued growth in medical and student loan debt. Consumers will use less revolving debt and hold larger balances in a higher interest rate environment; according to 2024 data from the New York Fed, outstanding credit card debt exceeded $1.2 trillion last year alone. Nonetheless, continued pressure from in-house alternatives among established financial organizations will force debt collection agencies to remain at the forefront of workflow modernization when procuring debt portfolios. Revenue is expected to accelerate at a CAGR of 2.1% to an estimated $18.3 billion through the end of 2030.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Central Bank Balance Sheet in China decreased to 450997.98 CNY Hundred Million in May from 455203.33 CNY Hundred Million in April of 2025. This dataset provides - China Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q1 2025 about expenditures, federal, government, GDP, and USA.