Total Construction Spending: Commercial in the United States
Millions of Dollars, Not Seasonally Adjusted
TLCOMCON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,283.00
Year-over-Year Change
-10.05%
Date Range
1/1/2002 - 6/1/2025
Summary
The 'Millions of Dollars, Not Seasonally Adjusted' trend measures total consumer loans and credit outstanding in the United States. This data provides important insights into consumer credit conditions and broader 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
This series tracks the total dollar value of outstanding consumer loans and credit, including credit cards, auto loans, student loans, and other personal credit. It is a key indicator of consumer financial health and spending power, which are crucial drivers of the broader economy.
Methodology
The data is collected and published monthly by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts closely monitor this trend to assess consumer credit conditions and their implications for economic growth, inflation, and financial stability.
Key Facts
- The value of outstanding consumer loans reached a record high of $4.5 trillion in 2022.
- Consumer credit growth slowed to 3.7% in 2022 due to rising interest rates.
- Credit card balances account for over 30% of total consumer loans in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding value of consumer loans and credit in the United States, including credit cards, auto loans, student loans, and other personal credit.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into consumer financial health and spending power, which are key drivers of economic growth. Policymakers and analysts use this information to assess credit conditions and their implications for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to understand consumer credit conditions and their potential impact on economic growth, inflation, and financial stability. This information informs policy decisions and market analyses.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely insights into consumer credit trends. However, the series does not provide a breakdown of different loan types or borrower characteristics.
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Total Private Construction Spending: Commercial in the United States
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Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (TLCOMCON), retrieved from FRED.