Business Applications from Corporations: Total for All NAICS in Massachusetts
Seasonally Adjusted
BACBATOTALSAMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,112.00
Year-over-Year Change
-6.95%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted Bank Credit measure tracks changes in the total volume of bank loans and investments over time. It serves as a key indicator of overall credit conditions and lending activity in the U.S. economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Seasonally Adjusted Bank Credit series captures total loans and investments held by U.S. commercial banks. It is a broad measure of credit conditions that reflects the availability and usage of bank-based financing across households and businesses.
Methodology
This data is collected and calculated by the U.S. Federal Reserve through surveys of commercial banks.
Historical Context
Economists and policymakers monitor this trend to assess the state of credit markets and the flow of financing to the real economy.
Key Facts
- Bank credit reached a record high of $23.78 trillion in January 2023.
- Lending activity slowed in 2022 as the Federal Reserve raised interest rates.
- Commercial and industrial loans account for approximately 25% of total bank credit.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Bank Credit series measures the total volume of loans and investments held by U.S. commercial banks. It is a broad indicator of credit conditions and lending activity in the economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by economists, policymakers, and market participants as it provides insights into the availability and utilization of bank-based financing, which is a key driver of economic growth and activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve through surveys of commercial banks operating in the United States.
Q: How is this trend used in economic policy?
A: Policymakers, such as the Federal Reserve, monitor this trend to assess the overall state of credit markets and the flow of financing to households and businesses, which informs their decisions on monetary policy and financial stability.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted Bank Credit data is published weekly by the Federal Reserve with minimal delays. However, the data may not capture all lending activity, as it excludes non-bank sources of credit.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Bank Credit (BACBATOTALSAMA), retrieved from FRED.