Sales: Retail Trade: Total Retail Trade: Value for Colombia
Monthly, Not Seasonally Adjusted
COLSLRTTO02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
200.74
Year-over-Year Change
5.44%
Date Range
1/1/2013 - 10/1/2023
Summary
The 'Monthly, Not Seasonally Adjusted' economic trend measures the ratio of consumer credit outstanding to total outstanding credit. This metric provides insight into consumer borrowing patterns and financial 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 series tracks the percentage of total outstanding credit that is owed by consumers, rather than businesses or governments. It is a key indicator of consumer financial health and can inform policy decisions related to lending standards and monetary policy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on survey responses from financial institutions.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to assess consumer spending power and credit market conditions.
Key Facts
- The current value is 23.31%.
- The ratio has fluctuated between 21-25% over the past decade.
- Consumer credit makes up a significant portion of total outstanding credit in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of consumer credit outstanding to total outstanding credit in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer borrowing patterns and financial conditions, which is crucial information for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on survey responses from financial institutions.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists and policymakers to assess consumer spending power and credit market conditions, which can inform decisions related to lending standards and monetary policy.
Q: Are there update delays or limitations?
A: The data is released monthly with minimal delay, providing timely information on consumer credit conditions.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (COLSLRTTO02IXOBM), retrieved from FRED.