Domestic Finance Companies, Total Assets
STFAFNQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,402,263.63
Year-over-Year Change
11.77%
Date Range
1/1/1943 - 1/1/2025
Summary
This economic trend measures the total assets held by domestic finance companies in the United States. It is a key indicator of the overall size and health of the non-bank financial sector.
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 Domestic Finance Companies, Total Assets series tracks the balance sheet of finance companies that are not part of the traditional banking system, such as credit card issuers, auto lenders, and other non-depository institutions. This metric provides insight into the broader flow of credit and lending activity in the economy.
Methodology
The data is collected and reported by the U.S. Federal Reserve through quarterly surveys of the finance company sector.
Historical Context
Policymakers and market analysts monitor this trend to assess the availability of credit and the role of non-bank financial intermediaries.
Key Facts
- Finance companies hold over $3 trillion in total assets.
- The sector has grown rapidly since the 2008 financial crisis.
- Auto loans make up the largest share of finance company assets.
FAQs
Q: What does this economic trend measure?
A: The Domestic Finance Companies, Total Assets series measures the aggregate balance sheet of non-bank financial institutions such as credit card issuers, auto lenders, and other finance companies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall flow of credit and lending activity outside the traditional banking system, which is important for understanding the broader dynamics of the financial sector and economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through quarterly surveys of the finance company sector.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this trend to assess the availability of credit and the role of non-bank financial intermediaries, which can have important implications for economic growth, consumer spending, and financial stability.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately two months, so there may be some delay in reflecting the most recent trends in the finance company sector.
Related Trends
Total Loans and Leases Outstanding at Domestic Finance Companies, Level
DTTHFM
Business Equipment Leases Owned and Securitized by Finance Companies, Level
DTBTERNM
Revolving Consumer Credit Owned by Finance Companies, Level
DTCOLRHFNM
Business Equipment Loans and Leases Owned by Finance Companies, Level
DTBOENM
Other Real Estate Loans Owned by Finance Companies, Level
DTROONM
Total Business Loans and Leases Owned and Securitized by Finance Companies, Flow
DTBTXDFBANA
Citation
U.S. Federal Reserve, Domestic Finance Companies, Total Assets (STFAFNQ), retrieved from FRED.