Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Canada
Quarterly, Seasonally Adjusted
LRACTTTTCAQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.33
Year-over-Year Change
-0.41%
Date Range
1/1/1976 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the change in total consumer credit outstanding in the United States on a quarterly basis. This provides insights into consumer borrowing patterns and has implications for economic growth and policy decisions.
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, Seasonally Adjusted series tracks the total amount of outstanding consumer credit, including revolving credit (e.g., credit cards) and nonrevolving credit (e.g., auto loans, student loans). It is a key indicator of consumer financial health and spending behavior.
Methodology
The data is collected and calculated by the Federal Reserve based on reports from financial institutions.
Historical Context
Economists and policymakers monitor this trend to assess the strength of consumer demand and make informed decisions about monetary and fiscal policies.
Key Facts
- The series has been tracked since 1943.
- Consumer credit outstanding reached a peak of $4.3 trillion in 2008.
- The series experienced a sharp decline during the Great Recession.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the total amount of outstanding consumer credit in the United States, including both revolving and nonrevolving credit.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer borrowing patterns and spending behavior, which are important indicators of economic growth and consumer financial health.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal Reserve based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the strength of consumer demand and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of 2-3 months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRACTTTTCAQ156S), retrieved from FRED.