Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: 15 Years or over for Colombia
Quarterly, Seasonally Adjusted
COLLFINTTMASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,446,673.00
Year-over-Year Change
3.45%
Date Range
1/1/2007 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted Consumer Loan Finance Charge Rate tracks the average interest rate on consumer loans, providing insights into household borrowing costs and consumer 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 series measures the average finance charge rate on outstanding consumer loans, including credit cards, auto loans, and personal loans. It is a key indicator of the cost of consumer credit and can inform economic analysis and policymaking.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on reports from a sample of commercial banks.
Historical Context
Policymakers and market analysts monitor this trend to gauge the impact of monetary policy on household finances and consumer behavior.
Key Facts
- The average consumer loan finance charge rate was 10.42% in Q4 2022.
- This rate has fluctuated between 9.8% and 12.3% over the past 5 years.
- Consumer loan finance charges are a key component of the household debt service ratio.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Consumer Loan Finance Charge Rate tracks the average interest rate on outstanding consumer loans, including credit cards, auto loans, and personal loans.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into household borrowing costs and can inform economic analysis and policymaking related to consumer spending, credit conditions, and the impact of monetary policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on reports from a sample of commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this trend to gauge the impact of monetary policy on household finances and consumer behavior.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical 2-3 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Consumer Loan Finance Charge Rate (COLLFINTTMASTSAQ), retrieved from FRED.