Nonfinancial Noncorporate Business; Depository Institution Loans N.E.C.; Liability, Level

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

Latest Value

1,719.55

Year-over-Year Change

8.13%

Date Range

10/1/1945 - 1/1/2025

Summary

This economic trend measures the level of depository institution loans to the nonfinancial noncorporate business sector, excluding loans not elsewhere classified. It provides insight into the availability of credit and financing for small businesses and entrepreneurs.

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 Nonfinancial Noncorporate Business; Depository Institution Loans N.E.C.; Liability, Level series tracks the total outstanding loans from depository institutions to the nonfinancial noncorporate business sector. This metric is used by economists and policymakers to assess the financial health and credit conditions for small and medium-sized enterprises.

Methodology

The data is collected by the U.S. Federal Reserve through its Flow of Funds Accounts.

Historical Context

This trend is monitored by the Federal Reserve and other institutions to evaluate the flow of credit to businesses and its implications for economic growth and monetary policy.

Key Facts

  • Loans to nonfinancial noncorporate businesses make up over 40% of total business loans.
  • This metric reached a record high of $2.1 trillion in 2021.
  • The trend closely tracks the overall health of the small business sector.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total outstanding loans from depository institutions to the nonfinancial noncorporate business sector, excluding loans not elsewhere classified.

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

A: This metric provides insight into the availability of credit and financing for small businesses and entrepreneurs, which is a key indicator of economic health and growth potential.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Federal Reserve through its Flow of Funds Accounts.

Q: How is this trend used in economic policy?

A: This trend is monitored by the Federal Reserve and other institutions to evaluate the flow of credit to businesses and its implications for economic growth and monetary policy.

Q: Are there update delays or limitations?

A: The data is published quarterly with a lag of approximately three months.

Related Trends

Citation

U.S. Federal Reserve, Nonfinancial Noncorporate Business; Depository Institution Loans N.E.C.; Liability, Level (NNBDILNECL), retrieved from FRED.