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Quarterly
CCUSSP01AUQ650N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
-9.14%
Date Range
1/1/1960 - 7/1/2023
Summary
The Quarterly trend measures the value of the U.S. Consumer Credit outstanding on a quarterly basis. This provides insight into consumer spending and borrowing patterns, which are key indicators of the health of the broader 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 Quarterly trend represents the total dollar amount of outstanding consumer credit in the United States, including credit card balances, auto loans, and student loans. This data is used by economists and policymakers to analyze consumer behavior and its implications for economic growth.
Methodology
The data is collected and calculated by the U.S. Federal Reserve through surveys of financial institutions.
Historical Context
Quarterly consumer credit data is closely watched by the Federal Reserve and other economic analysts to inform monetary policy decisions.
Key Facts
- Consumer credit reached a record high of $4.4 trillion in Q4 2021.
- Auto loans account for the largest share of outstanding consumer credit.
- Steady growth in consumer credit is generally seen as a sign of economic expansion.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the total outstanding consumer credit in the United States, including credit cards, auto loans, and student loans.
Q: Why is this trend relevant for users or analysts?
A: Consumer credit data provides insights into consumer spending and borrowing patterns, which are important indicators of the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Quarterly consumer credit data is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy and economic stimulus measures.
Q: Are there update delays or limitations?
A: The Quarterly consumer credit data is released by the Federal Reserve with a lag of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Quarterly (CCUSSP01AUQ650N), retrieved from FRED.