Sales: Retail Trade: Car Registration: Passenger Cars for Hungary
Number, Monthly level, Annual, Not Seasonally Adjusted
SLRTCR03HUA180N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,294.67
Year-over-Year Change
156.55%
Date Range
1/1/2003 - 1/1/2022
Summary
This economic indicator measures the monthly level of retail credit at an annual rate, without seasonal adjustments. It provides insights into consumer spending and credit market 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 Retail Credit indicator represents the total volume of revolving credit accounts held by consumers. It is a valuable metric for understanding consumer financial behavior and confidence, which are crucial factors in driving economic growth.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on reports from financial institutions.
Historical Context
Policymakers and analysts closely monitor this trend to gauge the health of consumer credit markets and make informed decisions.
Key Facts
- The series tracks revolving credit accounts, not installment loans.
- Data is reported monthly but not seasonally adjusted.
- Consumer credit trends can signal changes in economic growth and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the monthly level of retail credit at an annual rate, without seasonal adjustments. It provides insights into consumer spending and credit market trends.
Q: Why is this trend relevant for users or analysts?
A: The Retail Credit indicator is a valuable metric for understanding consumer financial behavior and confidence, which are crucial factors in driving economic growth. Policymakers and analysts closely monitor this trend to gauge the health of consumer credit markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to make informed decisions about the health of consumer credit markets and their impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is reported monthly, but it is not seasonally adjusted, which should be considered when interpreting the trend.
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Citation
U.S. Federal Reserve, Number, Monthly level, Annual, Not Seasonally Adjusted (SLRTCR03HUA180N), retrieved from FRED.