Millions of Dollars, Annual Rate
This dataset tracks millions of dollars, annual rate over time.
Latest Value
1199.88
Year-over-Year Change
-280.23%
Date Range
1/1/1985 - 5/1/2025
Summary
The 'Millions of Dollars, Annual Rate' trend measures the total value of direct consumer loans and leases held by U.S. commercial banks. This metric provides insight into consumer credit conditions and household financial health.
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 tracks the total dollar amount of direct consumer loans and leases on commercial bank balance sheets. It serves as an indicator of banks' willingness to extend credit to households and the overall demand for consumer financing.
Methodology
The data is collected through the Federal Reserve's weekly H.8 statistical release, which surveys commercial banking institutions.
Historical Context
This trend is closely monitored by policymakers, economists, and financial analysts to assess the strength of consumer spending and credit markets.
Key Facts
- Direct consumer loans held by U.S. banks totaled $1.7 trillion as of 2022.
- Consumer lending represents about 10% of total commercial bank assets.
- Consumer credit trends are a leading indicator of household spending and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of direct consumer loans and leases held on the balance sheets of U.S. commercial banks.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer credit conditions and the willingness of banks to extend financing to households, which are key indicators of consumer spending and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's weekly H.8 statistical release, which surveys commercial banking institutions.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts closely monitor this trend to assess the strength of consumer spending and credit markets, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released weekly with a short lag, providing timely insights into consumer credit conditions.
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Citation
U.S. Federal Reserve, Millions of Dollars, Annual Rate (DTCOLRHFXDFBANA), retrieved from FRED.