Gross Domestic Product: Management of Companies and Enterprises (55) in Utah
Quarterly, Seasonally Adjusted Annual Rate
UTMNGCOENTPRNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,594.50
Year-over-Year Change
21.02%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted annual rate of change in non-current consumer loans and leases held by U.S. commercial banks. It is a key indicator of consumer credit conditions and financial sector stability.
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 Quarterly, Seasonally Adjusted Annual Rate of Change in Non-Current Consumer Loans and Leases Held by Commercial Banks provides insights into the quality of consumer credit portfolios and overall financial health. Economists and policymakers use this data to assess consumer lending practices and potential risks to the banking system.
Methodology
The Federal Reserve collects this data directly from U.S. commercial banks as part of its regular reporting requirements.
Historical Context
Policymakers and market analysts closely monitor this indicator to gauge consumer credit conditions and financial sector resilience.
Key Facts
- The trend reached a high of 2.29% in Q1 2010 during the financial crisis.
- It has remained below 1% since 2015, indicating improving consumer credit quality.
- The series dates back to 1985, providing historical context for credit market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted annual rate of change in non-current consumer loans and leases held by U.S. commercial banks.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the quality of consumer credit portfolios and overall financial sector stability, making it an important metric for economists and policymakers.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data directly from U.S. commercial banks as part of its regular reporting requirements.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this indicator to gauge consumer credit conditions and assess potential risks to the banking system.
Q: Are there update delays or limitations?
A: The data is published quarterly with no significant update delays, providing timely information on consumer credit trends.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate of Change in Non-Current Consumer Loans and Leases Held by Commercial Banks (UTMNGCOENTPRNQGSP), retrieved from FRED.