Monetary Aggregates and Their Components: Broad Money and Components: M3 for Colombia
Growth rate previous period, Quarterly
COLMABMM301GPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.18
Year-over-Year Change
-27.95%
Date Range
7/1/1982 - 10/1/2024
Summary
This economic trend measures the quarter-over-quarter growth rate of the U.S. Commercial and Industrial Loans. It is a key indicator of business investment and lending activity that provides insights into the health of the broader economy.
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 Growth Rate Previous Period, Quarterly trend tracks the percent change in the outstanding value of commercial and industrial loans made by U.S. banks compared to the previous quarter. This metric offers a timely gauge of evolving business credit conditions and can signal shifts in economic momentum.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on reports from domestic commercial banks.
Historical Context
Policymakers and analysts closely monitor this trend to assess the availability of business credit and its implications for investment, employment, and overall economic growth.
Key Facts
- Commercial and industrial loans account for over $3 trillion in U.S. bank assets.
- Loan growth typically precedes broader economic expansions and contractions.
- The trend has ranged from -15% to +20% over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in the outstanding value of commercial and industrial loans made by U.S. banks.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of business loans provides a timely signal of evolving credit conditions and overall economic momentum, making it a closely watched indicator for policymakers and market participants.
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 domestic commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the availability of business credit and its implications for investment, employment, and overall economic growth, informing monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month, and may be subject to revisions as banks submit updated information.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (COLMABMM301GPSAQ), retrieved from FRED.