New Private Housing Units Authorized by Building Permits: 1-Unit Structures for the Northeast Census Region
Not Seasonally Adjusted
CNERBP1FH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,147.00
Year-over-Year Change
-10.19%
Date Range
1/1/1988 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' economic indicator measures consumer borrowing trends in the United States. It is a key metric for understanding consumer credit and financial markets.
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
This Federal Reserve data series tracks total consumer credit outstanding that is not seasonally adjusted. It provides insight into real-world consumer borrowing and lending patterns without the effects of seasonal fluctuations.
Methodology
The data is collected through surveys of financial institutions and calculated by the Federal Reserve.
Historical Context
Policymakers and analysts use this metric to gauge consumer financial health and behaviors.
Key Facts
- Consumer credit totaled $4.45 trillion in 2022.
- Nonrevolving credit (e.g., auto loans) makes up 70% of total consumer credit.
- Consumer credit grew by 7.3% in 2022 compared to the prior year.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' metric tracks the total amount of outstanding consumer credit in the United States, including both revolving (e.g., credit cards) and nonrevolving (e.g., auto loans) credit.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into consumer borrowing and lending patterns, which are important indicators of financial health, spending behavior, and economic conditions.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through surveys of financial institutions and calculates the total outstanding consumer credit.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor consumer credit conditions and make informed decisions about monetary policy, financial regulations, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve, with a typical delay of 6-8 weeks. The series does not include certain types of consumer credit, such as student loans.
Related Trends
Expenditures: Gasoline, Other Fuels, and Motor Oil by Region: Residence in the Northeast Census Region
CXUGASOILLB1102M
Expenditures: Personal Care Products and Services by Region: Residence in the Northeast Census Region
CXUPERSCARELB1102M
Income Before Taxes: Wages and Salaries by Region: Residence in the Northeast Census Region
CXU900000LB1102M
Consumer Unit Characteristics: Percent Homeowner by Region: Residence in the Northeast Census Region
CXUHOMEOWNLB1102M
Expenditures: Vehicle Maintenance and Repairs by Region: Residence in the Northeast Census Region
CXUCAREPAIRLB1102M
New Houses Sold by Sales Price Total in the Northeast Census Region
NHSNESPTAP
Citation
U.S. Federal Reserve, Not Seasonally Adjusted (CNERBP1FH), retrieved from FRED.