Total Public Construction Spending: Conservation and Development in the United States
Millions of Dollars, Not Seasonally Adjusted
PBCADCON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
939.00
Year-over-Year Change
5.03%
Date Range
1/1/2002 - 6/1/2025
Summary
The 'Millions of Dollars, Not Seasonally Adjusted' trend measures the total value of consumer credit outstanding in the United States, excluding real estate loans. This metric is a key indicator of consumer demand and overall economic activity.
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 consumer credit outstanding figure includes revolving credit, such as credit card balances, and non-revolving credit, like auto loans and student loans. Economists and policymakers analyze this data to assess household finances and consumer spending patterns.
Methodology
The data is collected and reported monthly by the Federal Reserve.
Historical Context
This economic indicator provides insight into consumer borrowing and spending behavior, which is closely watched by the Federal Reserve and other economic decision-makers.
Key Facts
- Consumer credit outstanding reached a record high of $4.45 trillion in 2022.
- Revolving credit, primarily credit card debt, accounts for over a third of total consumer credit.
- Consumer credit growth slowed in 2022 amid rising interest rates and economic uncertainty.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Not Seasonally Adjusted' metric measures the total value of consumer credit outstanding in the United States, excluding real estate loans.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into consumer borrowing and spending patterns, which is closely watched by economists, policymakers, and market analysts to assess the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the Federal Reserve.
Q: How is this trend used in economic policy?
A: The consumer credit outstanding figure is a key metric used by the Federal Reserve and other economic decision-makers to monitor consumer demand and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The consumer credit data is reported monthly by the Federal Reserve with minimal delays, providing timely insights into this important economic indicator.
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Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (PBCADCON), retrieved from FRED.