Remove 2026 Remove Millennials Remove Regional
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Consumer Credit Update for 2Q 2023

South State Correspondent

This data is consistent across regions. We should see a slight increase in production in 2025 and 2026 driven by lower rates. Gen Z and Millennials are now using credit on their cards which was not seen before 2020. Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively.

Trends 195
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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

India is the region with the highest growth potential, and this is why both Amazon and Alibaba see it as critical to their long-term strategy. Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026. Millennials account for one-third of India’s population.