Nonrevolving Consumer Credit Owned and Securitized by Nonfinancial Business
DTCTLNHNNM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,835.00
Year-over-Year Change
-0.81%
Date Range
1/1/1943 - 12/1/2019
Summary
This economic indicator tracks the total value of nonrevolving consumer credit owned and securitized by nonfinancial businesses in the United States. It provides insight into consumer borrowing patterns and the financial health of non-banking sector lending institutions.
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 trend represents the aggregate volume of installment loans held by nonfinancial businesses, including auto loans, personal loans, and educational loans. Economists use this metric to assess consumer spending capacity, credit market dynamics, and potential economic expansion or contraction.
Methodology
Data is collected and compiled by the Federal Reserve through comprehensive financial surveys and reporting from nonfinancial business entities.
Historical Context
This indicator is crucial for policymakers, investors, and financial analysts in understanding consumer credit markets and potential economic trends.
Key Facts
- Represents total nonrevolving credit outside traditional banking sector
- Includes significant consumer loan categories like auto and education loans
- Provides insights into broader consumer financial behavior
FAQs
Q: What types of loans are included in this indicator?
A: The indicator includes installment loans such as auto loans, personal loans, and educational loans held by nonfinancial businesses.
Q: How does this differ from revolving credit?
A: Unlike revolving credit (like credit cards), nonrevolving credit has a fixed repayment schedule and predetermined loan amount.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this data monthly, providing current insights into consumer credit trends.
Q: Why is this indicator important for economic analysis?
A: It helps economists and policymakers understand consumer spending capacity, credit market health, and potential economic momentum.
Q: What are potential limitations of this data?
A: The indicator may not capture all lending activities and can be influenced by seasonal and economic fluctuations.
Related Trends
Nonrevolving Securitized Consumer Credit
NREVNSEC
Total Consumer Credit Owned and Securitized
TOTALSL
Revolving Consumer Credit Owned by Credit Unions, Flow
FLREVOLNCU
Total Consumer Credit Owned and Securitized by Finance Companies
DTCTLHFNM
Nonrevolving Securitized Consumer Credit, Flow
FLNREVNSEC
Total Consumer Credit Owned and Securitized by Depository Institutions
DTCTLHDNM
Citation
U.S. Federal Reserve, Nonrevolving Consumer Credit Owned and Securitized by Nonfinancial Business [DTCTLNHNNM], retrieved from FRED.
Last Checked: 8/1/2025