Total Construction Spending: Total Construction in the United States
Millions of Dollars, Not Seasonally Adjusted
TTLCON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
193,236.00
Year-over-Year Change
-3.05%
Date Range
1/1/1993 - 6/1/2025
Summary
The 'Millions of Dollars, Not Seasonally Adjusted' trend measures total consumer credit outstanding in the United States. This metric is a key indicator of consumer spending and economic health.
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 amount of outstanding loans and credit for consumers, including credit cards, auto loans, and student loans. It provides insight into the lending environment and consumer debt levels, which are important factors considered by policymakers and analysts.
Methodology
The data is collected and published monthly by the Federal Reserve.
Historical Context
Consumer credit trends are closely monitored by economists, investors, and policymakers to assess consumer confidence and potential changes in spending patterns.
Key Facts
- Consumer credit reached a record high of $4.4 trillion in 2022.
- Auto loans make up the largest portion of consumer credit, at over $1.4 trillion.
- Student loan debt accounts for nearly $1.6 trillion in outstanding consumer credit.
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 credit cards, auto loans, and student loans.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer spending, borrowing, and debt levels, which are key indicators of economic health and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the Federal Reserve based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor consumer credit trends to assess the lending environment, consumer spending patterns, and potential risks to financial stability.
Q: Are there update delays or limitations?
A: The consumer credit data is released monthly with a typical lag of around 6-8 weeks.
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Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (TTLCON), retrieved from FRED.