Business Motor Vehicle Loans and Leases Owned by Finance Companies, Level
DTBOVNM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172,615.61
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.
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Citation
U.S. Federal Reserve, Business Motor Vehicle Loans and Leases Owned by Finance Companies, Level (DTBOVNM), retrieved from FRED.