Discount Window Primary Credit Rate
Monthly
MPCREDIT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.50
Year-over-Year Change
-18.18%
Date Range
2/1/2003 - 7/1/2025
Summary
The MPCREDIT series tracks monthly consumer credit data in the United States, providing critical insights into household borrowing patterns and economic health. This metric helps economists and policymakers understand consumer financial behavior and potential economic trends.
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 MPCREDIT series represents the total outstanding consumer credit across various lending categories, including revolving and non-revolving credit. Economists analyze this data to assess consumer spending capacity, financial stress, and potential economic momentum.
Methodology
Data is collected and compiled by the Federal Reserve through comprehensive surveys and financial institution reporting.
Historical Context
This trend is used in macroeconomic analysis to gauge consumer confidence, potential economic growth, and monetary policy considerations.
Key Facts
- Tracks total consumer credit across multiple lending categories
- Provides monthly snapshot of household borrowing trends
- Important indicator of economic health and consumer sentiment
FAQs
Q: What does MPCREDIT measure?
A: MPCREDIT measures total consumer credit, including credit card debt, auto loans, and other personal lending instruments in the United States.
Q: Why is consumer credit data important?
A: Consumer credit data reflects economic health, consumer confidence, and potential spending patterns that can indicate broader economic trends.
Q: How often is MPCREDIT updated?
A: The MPCREDIT series is typically updated monthly by the Federal Reserve, providing a current snapshot of consumer credit conditions.
Q: How do policymakers use this data?
A: Policymakers use consumer credit data to assess economic conditions, inform monetary policy, and understand potential risks in the financial system.
Q: What are the limitations of this data?
A: The data represents aggregate trends and may not capture individual consumer experiences or rapid short-term changes in credit markets.
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30-Day Average SOFR
SOFR30DAYAVG
Citation
U.S. Federal Reserve, Monthly [MPCREDIT], retrieved from FRED.
Last Checked: 8/1/2025