Total Construction Spending: Power in the United States
Millions of Dollars, Not Seasonally Adjusted
TLPWRCON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,340.00
Year-over-Year Change
1.80%
Date Range
1/1/2002 - 6/1/2025
Summary
The 'Millions of Dollars, Not Seasonally Adjusted' trend measures total consumer credit outstanding in the United States, providing insights into household borrowing and spending patterns.
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 economic indicator tracks the total amount of outstanding consumer credit, including revolving credit (e.g., credit cards) and non-revolving credit (e.g., auto loans, student loans). It is widely used by economists and policymakers to assess the financial health and behavior of American households.
Methodology
The data is collected and published monthly by the Federal Reserve.
Historical Context
Trends in consumer credit can inform monetary policy decisions and provide signals about the overall state of the economy.
Key Facts
- Consumer credit outstanding reached a record high of $4.45 trillion in 2022.
- Revolving credit, such as credit cards, accounts for about a third of total consumer credit.
- The COVID-19 pandemic led to a temporary decline in consumer credit in 2020 before a subsequent rebound.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Not Seasonally Adjusted' trend measures the total outstanding consumer credit in the United States, including both revolving and non-revolving credit.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into household borrowing and spending patterns, which are crucial for understanding the overall state of the economy and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Trends in consumer credit can inform monetary policy decisions and provide signals about the overall state of the economy.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (TLPWRCON), retrieved from FRED.