Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Austria

Billions of US Dollars

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

Latest Value

665.66

Year-over-Year Change

-5.47%

Date Range

4/1/1974 - 10/1/2024

Summary

The 'Billions of US Dollars' trend measures the value of US total assets. It is a key indicator for assessing the overall size and health of the US economy.

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

This series represents the total value of assets held by all sectors of the US economy, including households, businesses, and governments. It is a broad macroeconomic indicator used to evaluate the scale and growth of the US financial system.

Methodology

The data is collected and calculated by the US Federal Reserve based on surveys and administrative records.

Historical Context

Policymakers and analysts closely monitor this trend to understand the accumulation of wealth and assess the capacity for investment and consumption in the US economy.

Key Facts

  • Total US assets reached a record high of $188 trillion in Q4 2021.
  • US household assets account for over 70% of total national assets.
  • Asset growth has outpaced GDP expansion in recent decades.

FAQs

Q: What does this economic trend measure?

A: The 'Billions of US Dollars' trend measures the total value of financial and non-financial assets held by all sectors of the US economy.

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

A: This broad macroeconomic indicator provides insight into the overall size, wealth, and investment capacity of the US economy, which is crucial for economic analysis and policymaking.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the US Federal Reserve based on surveys, administrative records, and national accounting principles.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor this trend to assess the financial strength and growth potential of the US economy, which informs decisions on fiscal, monetary, and regulatory policies.

Q: Are there update delays or limitations?

A: The data is released quarterly with a lag of approximately 3 months. There may be revisions to historical values as new information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Billions of US Dollars (QATPAMUSDA), retrieved from FRED.