Total Construction Spending: Religious in the United States
Millions of Dollars, Not Seasonally Adjusted
TLRELCON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
383.00
Year-over-Year Change
17.13%
Date Range
1/1/2002 - 6/1/2025
Summary
The 'Millions of Dollars, Not Seasonally Adjusted' trend measures the total value of consumer loans extended by commercial banks in the United States. This metric provides insight into household borrowing and consumer credit 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
This economic indicator represents the dollar amount of outstanding consumer loans held by commercial banks, including loans for automobiles, personal expenses, and other non-real estate purposes. It is a key indicator of consumer lending activity and a barometer of household financial health.
Methodology
The data is collected and reported monthly by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts closely monitor this trend to gauge consumer credit conditions and household spending power.
Key Facts
- Consumer loans reached a record high of $1.8 trillion in 2022.
- Automobile loans account for the largest share of consumer credit.
- Consumer lending activity tends to expand during periods of economic growth.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Not Seasonally Adjusted' trend measures the total outstanding value of consumer loans extended by commercial banks in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into household borrowing and consumer credit conditions, which are important indicators of consumer spending power and financial health.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to gauge consumer credit conditions and household spending power, which informs decisions on monetary policy and economic stimulus.
Q: Are there update delays or limitations?
A: The data is reported monthly with a short lag, providing timely insights into consumer lending activity.
Related Trends
Total Construction Spending: Office in the United States
TLOFCONS
Total Construction Spending: Power in the United States
TLPWRCONS
Total Public Construction Spending: Highway and Street in the United States
PBHWYCONS
Total Public Construction Spending: Commercial in the United States
PBCOMCONS
Total Private Construction Spending: Religious in the United States
PRRELCONS
Total Construction Spending: Residential in the United States
TLRESCONS
Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (TLRELCON), retrieved from FRED.