Nonrevolving Consumer Credit Owned by Nonfinancial Business, Flow
FLNREVNNFC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-35.72
Year-over-Year Change
22.71%
Date Range
2/1/1943 - 12/1/2019
Summary
This economic indicator tracks the flow of nonrevolving consumer credit owned by nonfinancial businesses, representing the net change in credit extended to consumers outside of revolving credit lines. It provides insight into consumer borrowing patterns and the overall health of consumer credit markets.
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
Nonrevolving consumer credit typically includes personal loans, auto loans, and student loans held by nonfinancial businesses. Economists use this metric to understand consumer spending capacity, credit market dynamics, and potential economic expansion or contraction.
Methodology
The data is collected and calculated by the Federal Reserve through comprehensive financial surveys and reporting from nonfinancial business entities.
Historical Context
This trend is crucial for policymakers, investors, and financial analysts in assessing consumer financial health, credit market trends, and potential economic stimulus needs.
Key Facts
- Represents net new nonrevolving credit extended by nonfinancial businesses
- Excludes revolving credit like credit cards
- Provides insight into consumer borrowing and spending patterns
FAQs
Q: What types of loans are included in nonrevolving credit?
A: Nonrevolving credit typically includes auto loans, personal loans, and student loans with fixed repayment terms.
Q: How does this indicator relate to economic health?
A: Increasing nonrevolving credit can signal consumer confidence and potential economic expansion, while decreasing credit might indicate economic caution.
Q: How is this different from revolving credit?
A: Unlike revolving credit (like credit cards), nonrevolving credit has a fixed repayment schedule and predetermined loan amount.
Q: Why do policymakers track this metric?
A: It helps assess consumer spending potential, credit market conditions, and potential needs for economic intervention.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this data monthly, providing a current snapshot of credit market trends.
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Nonrevolving Consumer Credit Owned and Securitized, Flow
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Total Consumer Credit Owned by Federal Government, Flow
FLTOTALGOV
Total Consumer Credit Owned by Nonprofit and Educational Institutions, Flow
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Revolving Consumer Credit Securitized by Nonfinancial Business
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Citation
U.S. Federal Reserve, Nonrevolving Consumer Credit Owned by Nonfinancial Business, Flow [FLNREVNNFC], retrieved from FRED.
Last Checked: 8/1/2025