Annual, Not Seasonally Adjusted
LRINTTMAO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.20
Year-over-Year Change
5.76%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted interest rates on loans to individuals for all commercial banks in the United States. It is a key indicator of the cost of consumer credit and lending 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 Annual, Not Seasonally Adjusted interest rate series tracks the average annual interest rate charged by commercial banks on loans to individuals. This metric is used by economists and policymakers to assess the overall credit environment and consumer demand.
Methodology
The data is collected and calculated by the U.S. Federal Reserve through surveys of commercial banks.
Historical Context
The interest rate trend provides important context for analyzing consumer spending, inflation, and the broader health of the U.S. economy.
Key Facts
- The current annual, not seasonally adjusted interest rate is XX.X%.
- Interest rates on consumer loans have risen by YY basis points over the past Z months.
- Commercial bank lending to individuals accounts for a significant portion of overall consumer credit in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average annual interest rate charged by commercial banks on loans to individual consumers in the United States.
Q: Why is this trend relevant for users or analysts?
A: The annual interest rate on consumer loans is a key indicator of credit conditions and a driver of consumer spending, which makes it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of commercial banks and calculated as an annual, not seasonally adjusted average.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor consumer lending rates as they can influence inflation, consumer demand, and the broader health of the economy, informing decisions on monetary policy and financial regulations.
Q: Are there update delays or limitations?
A: The annual interest rate data is published with a lag of approximately one month, and may be subject to revisions as additional bank survey information is incorporated.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRINTTMAO1A156S), retrieved from FRED.