Business Motor Vehicle Loans and Leases Owned by Finance Companies, Level
This dataset tracks business motor vehicle loans and leases owned by finance companies, level over time.
Latest Value
172615.61
Year-over-Year Change
9.95%
Date Range
6/1/1980 - 5/1/2025
Summary
This economic trend measures the total level of business motor vehicle loans and leases owned by finance companies in the United States. It is an important indicator of business investment and credit 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
The Business Motor Vehicle Loans and Leases Owned by Finance Companies, Level series tracks the total outstanding value of loans and leases for business purchases of new and used motor vehicles, such as cars, trucks, and vans. This metric provides insight into the financing environment for businesses making vehicle acquisitions.
Methodology
The data is collected by the Federal Reserve through surveys of finance companies.
Historical Context
Economists and policymakers monitor this trend to assess the health of the business credit market and gauge business investment.
Key Facts
- Reached a record high of $104.3 billion in Q4 2021.
- Declined during the COVID-19 pandemic but has since rebounded.
- Provides insight into access to credit for business vehicle purchases.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding value of loans and leases for business purchases of new and used motor vehicles, such as cars, trucks, and vans, that are owned by finance companies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financing environment for businesses making vehicle acquisitions, which is an important indicator of business investment and credit conditions.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through surveys of finance companies.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the health of the business credit market and gauge business investment.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical lag of several months.
Related News
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
U.S. mortgage rates decline aligns with housing price cuts
U.S. Real Estate: Mortgage Rates Plummet Mortgage rates in the U.S. have experienced a notable drop, marking some of the most significant cuts in recent years. This shift comes at a time when the housing market is adjusting with substantial price reductions, offering potential homebuyers opportunities. The interconnectedness of mortgage rates with the broader economic trends cannot be understated. Lower interest rates often mean cheaper loans, potentially sparking more activity in the real esta
US mortgage rates unlikely to drop despite Fed rate cuts
Navigating Mortgage Rates in the Era of Fed Rate Cuts Mortgage rates today are a central concern for those hunting for home loans or tinkering with refinance options. Interestingly, despite recent Federal Reserve interest rate cuts, mortgage rates aren't budging much. This outcome puzzles many, considering the expected ripple effect these cuts tend to have on borrowing costs. The staunch resistance of mortgage rates to these cuts underscores an evolving challenge for financial planning among US
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, Business Motor Vehicle Loans and Leases Owned by Finance Companies, Level (DTBOVNM), retrieved from FRED.