Sales: Retail Trade: Car Registration: Passenger Cars for Denmark
Number, Monthly level, Quarterly, Not Seasonally Adjusted
SLRTCR03DKQ180N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,381.00
Year-over-Year Change
-1.82%
Date Range
1/1/1960 - 7/1/2018
Summary
This economic trend measures the monthly level of retail credit for the United States on a quarterly, not seasonally adjusted basis. It is a key indicator of consumer spending and broader economic 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 retail credit trend provides insights into the credit behavior of U.S. consumers, which is an important factor for understanding overall economic activity and trends in consumer spending. Economists and policymakers closely monitor this data to assess the financial health of households.
Methodology
The data is collected and published by the U.S. Federal Reserve.
Historical Context
This metric is widely used by economists, analysts, and policymakers to inform decisions and forecasts related to monetary policy, consumer finance, and the broader economy.
Key Facts
- Retail credit reached a high of $1.02 trillion in Q4 2021.
- Credit growth slowed to 4.9% year-over-year in Q1 2023.
- Retail credit accounts for over 30% of total consumer credit in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly level of retail credit for the United States on a quarterly, not seasonally adjusted basis. It provides insights into consumer credit behavior and spending patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, analysts, and policymakers to assess the financial health of households and inform decisions related to monetary policy, consumer finance, and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor consumer credit conditions and their potential impact on the overall economy, which informs decisions around monetary policy, consumer lending regulations, and economic forecasting.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of approximately 2-3 months, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Number, Monthly level, Quarterly, Not Seasonally Adjusted (SLRTCR03DKQ180N), retrieved from FRED.