Households and Nonprofit Organizations; Loans; Liability, Level

HNOLL • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19,951,308.00

Year-over-Year Change

8.95%

Date Range

10/1/1945 - 1/1/2025

Summary

The 'Households and Nonprofit Organizations; Loans; Liability, Level' trend measures the total outstanding loan liabilities held by U.S. households and nonprofit organizations. This metric is a key indicator of consumer borrowing and debt levels.

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 series tracks the aggregate dollar value of loans and debt obligations for the household and nonprofit sector in the United States. It provides insight into household balance sheets, spending power, and financial health - important considerations for policymakers and economic analysts.

Methodology

The Federal Reserve collects this data from financial institutions and household surveys to calculate the total outstanding loan liabilities.

Historical Context

Policymakers and market analysts monitor this trend to assess consumer credit conditions and the potential impact on economic growth and stability.

Key Facts

  • Household loans reached a record high of $16.9 trillion in Q4 2021.
  • Mortgage debt accounts for over 70% of total household loan liabilities.
  • Loan growth has outpaced income growth in recent years, raising affordability concerns.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total outstanding loan liabilities held by U.S. households and nonprofit organizations, providing insight into consumer borrowing and debt levels.

Q: Why is this trend relevant for users or analysts?

A: This metric is a key indicator of household financial health and can inform policy decisions, market analysis, and consumer spending forecasts.

Q: How is this data collected or calculated?

A: The Federal Reserve collects this data from financial institutions and household surveys to calculate the total outstanding loan liabilities.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor this trend to assess consumer credit conditions and the potential impact on economic growth and stability.

Q: Are there update delays or limitations?

A: The data is released quarterly with a lag, and may not capture all household loan obligations.

Related Trends

Citation

U.S. Federal Reserve, Households and Nonprofit Organizations; Loans; Liability, Level (HNOLL), retrieved from FRED.