Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Canada
Quarterly, Not Seasonally Adjusted
LFEACNTTCAQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,651,967.00
Year-over-Year Change
5.97%
Date Range
1/1/1976 - 4/1/2025
Summary
This series measures the level of total consumer credit outstanding in the United States on a quarterly, not seasonally adjusted basis. It is a key indicator of consumer borrowing and spending behavior, providing insights into economic growth and household financial conditions.
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 total consumer credit outstanding trend represents the aggregate value of outstanding credit held by U.S. households, including revolving credit (e.g., credit cards) and non-revolving credit (e.g., auto loans, student loans). This metric is closely watched by economists and policymakers as it reflects the willingness and ability of consumers to borrow and spend.
Methodology
The data is collected and reported quarterly by the Federal Reserve.
Historical Context
This series is used to analyze consumer credit conditions and their implications for the broader economy.
Key Facts
- Total consumer credit outstanding reached a record high of $4.45 trillion in Q4 2022.
- Revolving credit accounts for approximately 30% of total consumer credit.
- Consumer credit growth has slowed in recent quarters due to rising interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of consumer credit outstanding in the United States, including both revolving credit (e.g., credit cards) and non-revolving credit (e.g., auto loans, student loans).
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of consumer borrowing and spending behavior, providing insights into the financial health of U.S. households and the broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to understand consumer credit conditions and their implications for economic growth, household spending, and financial stability.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of 2-3 months. There may be revisions to historical data as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEACNTTCAQ647N), retrieved from FRED.