This Week: Consumer borrowing, Disney earns, consumer prices

Nov 7, 2022, 6:10 AM | Updated: 7:12 am

A look at some of the key business events and economic indicators upcoming this week:


Americans have been ramping up their use of credit this year.

U.S. consumer borrowing, excluding mortgages and other loans secured by real estate, jumped by $32.2 billion in August from the previous month. The August increase pushed total consumer credit to around $4.68 trillion. Economists expect consumer borrowing rose by $26.5 billion in September. The Federal Reserve releases its latest monthly consumer borrowing data Monday.

Consumer borrowing, monthly change, seasonally adjusted, billions of dollars:

April 31.3

May 26.9

June 39.7

July 26.1

Aug. 32.2

Sept. (est.) 26.5

Source: FactSet


Wall Street expects The Walt Disney Co. closed out its last fiscal year with another solid quarter.

Analysts predict the entertainment giant will report Tuesday that its earnings and revenue for the July-September quarter increased from the same period last year. That would follow improved results in the previous three quarters. Investors will be focused on how many subscribers Disney added to its video streaming services, including Disney+ and Hulu. In August, the company announced new price tiers for Disney+ due to take effect in December.


The Labor Department delivers its October snapshot of inflation at the consumer level Thursday.

Americans continue to face higher costs, reflected in a run of sharp annual increases in the consumer price index since summer last year. Prices for U.S. consumers jumped 8.2% in September from a year earlier. Core consumer prices, which exclude volatile food and energy costs, have also kept rising sharply, a signal that the Federal Reserve’s multiple rate hikes have yet to ease inflation pressures.

Consumer price index, annual percent change, not seasonally adjusted:

May 8.6

June 9.1

July 8.5

Aug. 8.3

Sept. 8.2

Oct. (est.) 8.0

Source: FactSet

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Several hundred students and pro-Palestinian supporters rally at the intersection of Grove and Coll...

Associated Press

Pro-Palestinian protests sweep US college campuses following mass arrests at Columbia

Columbia canceled in-person classes, dozens of protesters were arrested at New York University and Yale, and the gates to Harvard Yard were closed to the public Monday.

2 days ago

Ban on sleeping outdoors under consideration in Supreme Court...

Associated Press

With homelessness on the rise, the Supreme Court weighs bans on sleeping outdoors

The Supreme Court is wrestling with major questions about the growing issue of homelessness as it considers a ban on sleeping outdoors.

2 days ago

Arizona judge declares mistrial in case of rancher who shot migrant...

Associated Press

Arizona judge declares mistrial in the case of a rancher accused of fatally shooting a migrant

An Arizona judge declared a mistrial in the case of rancher accused of killing a Mexican man on his property near the U.S.-Mexico border.

2 days ago

Donald Trump appears in court for opening statements in his criminal trial for allegedly covering u...

Associated Press

Trump tried to ‘corrupt’ the 2016 election, prosecutor alleges as hush money trial gets underway

Donald Trump's criminal trial in New York over alleged hush money payments started with opening statements on Monday.

2 days ago

This satellite image from Planet Labs PBC shows Iran's nuclear site in Isfahan, Iran, April 4, 2024...

Associated Press

Israel, Iran play down apparent Israeli strike. The muted responses could calm tensions — for now

Israel and Iran are both playing down an apparent Israeli airstrike near a major air base and nuclear site in central Iran.

5 days ago

Speaker of the House Mike Johnson, R-La., talks to reporters just after lawmakers pushed a $95 bill...

Associated Press

Ukraine, Israel aid advances in rare House vote as Democrats help Republicans push it forward

The House pushed ahead Friday on a foreign aid package of $95 billion for Ukraine, Israel, Taiwan and other sources of humanitarian support.

5 days ago

Sponsored Articles


DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.


Collins Comfort Masters

Here’s 1 way to ensure your family is drinking safe water

Water is maybe one of the most important resources in our lives, and especially if you have kids, you want them to have access to safe water.

(KTAR News Graphic)...

Boys & Girls Clubs

KTAR launches online holiday auction benefitting Boys & Girls Clubs of the Valley

KTAR is teaming up with The Boys & Girls Clubs of the Valley for a holiday auction benefitting thousands of Valley kids.

This Week: Consumer borrowing, Disney earns, consumer prices