Revolving Consumer Credit Owned and Securitized by Nonfinancial Business
DTCTLRHNNM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,991.00
Year-over-Year Change
-2.58%
Date Range
1/1/1970 - 12/1/2019
Summary
This economic indicator tracks the total value of revolving consumer credit held by nonfinancial businesses, providing insight into consumer borrowing and spending patterns. It serves as a key metric for understanding consumer financial behavior and potential economic trends.
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 amount of revolving credit (primarily credit card debt) owned and securitized by nonfinancial businesses outside the traditional banking sector. Economists use this metric to gauge consumer financial health, spending capacity, and potential economic pressures.
Methodology
Data is collected through comprehensive financial surveys and reporting mechanisms by the Federal Reserve, tracking credit transactions across nonfinancial business entities.
Historical Context
This indicator is crucial for policymakers, investors, and economists in assessing consumer credit markets, potential economic risks, and overall economic momentum.
Key Facts
- Measures revolving credit outside traditional banking systems
- Provides insights into consumer borrowing patterns
- Reflects potential economic spending and financial stress
FAQs
Q: What does this economic indicator specifically measure?
A: It tracks the total revolving consumer credit owned by nonfinancial businesses, primarily representing credit card debt outside traditional bank holdings.
Q: Why is this trend important for economic analysis?
A: It helps economists understand consumer spending capacity, financial health, and potential economic pressures through credit market dynamics.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this indicator quarterly, providing current snapshots of consumer credit trends.
Q: What can rising revolving credit indicate?
A: Increasing revolving credit might suggest consumer confidence, but could also signal potential financial strain or economic uncertainty.
Q: Are there limitations to this economic indicator?
A: The data represents a specific segment of credit markets and should be analyzed alongside other economic indicators for comprehensive insights.
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Related Trends
Total Consumer Credit Owned by Nonprofit and Educational Institutions
TOTALNEI
Revolving Consumer Credit Owned and Securitized by Finance Companies
G19DTCTLRHFNM
Total Consumer Credit Owned by Nonfinancial Business
TOTALNFC
Nonrevolving Consumer Credit Securitized by Nonfinancial Business, Flow
DTCNLNHNXDFBANM
Nonrevolving Consumer Credit Owned by Federal Government
NREVNGOV
Total Securitized Consumer Credit, Flow
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Citation
U.S. Federal Reserve, Revolving Consumer Credit Owned and Securitized by Nonfinancial Business [DTCTLRHNNM], retrieved from FRED.
Last Checked: 8/1/2025