Assets: Liquidity and Credit Facilities: Loans, Net: Payroll Protection Program Liquidity Facility: Change in Week Average from Previous Week Average
H41RESPPALDJXAWXCH1NWW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-18.00
Year-over-Year Change
80.00%
Date Range
6/7/2006 - 7/30/2025
Summary
This economic indicator tracks weekly changes in the Payroll Protection Program (PPP) Liquidity Facility loans, providing insight into small business lending dynamics during economic interventions. The metric helps economists and policymakers understand the flow of emergency financial support to businesses during critical economic periods.
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 net changes in PPP loan facilities, reflecting the Federal Reserve's emergency lending programs during economic disruptions like the COVID-19 pandemic. Economists use this data to assess the effectiveness of targeted financial interventions and small business support mechanisms.
Methodology
Data is collected through Federal Reserve reporting systems, tracking weekly net loan changes in the Payroll Protection Program Liquidity Facility.
Historical Context
This indicator is crucial for analyzing fiscal policy responses, small business financial health, and macroeconomic stabilization efforts.
Key Facts
- Tracks weekly net changes in Payroll Protection Program loan facilities
- Provides real-time insight into emergency business lending
- Part of Federal Reserve's economic stabilization toolkit
FAQs
Q: What does this economic indicator measure?
A: It measures weekly net changes in Payroll Protection Program loan facilities, tracking the flow of emergency small business lending support.
Q: Why are PPP loan facility changes important?
A: These changes reflect the government's economic intervention strategies and provide insights into small business financial health during economic challenges.
Q: How frequently is this data updated?
A: The data is typically updated weekly, providing near real-time information on emergency lending programs.
Q: Who uses this economic indicator?
A: Economists, policymakers, financial analysts, and researchers use this data to understand economic interventions and small business lending trends.
Q: What are the limitations of this indicator?
A: The data represents a specific lending program and may not capture the entire landscape of small business financing or economic recovery.
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Related Trends
Liabilities and Capital: Liabilities: Deposits with F.R. Banks, Other Than Reserve Balances: U.S. Treasury, General Account: Wednesday Level
WDTGAL
Assets: Liquidity and Credit Facilities: Loans: Bank Term Funding Program, Net: Change in Week Average from Year Ago Week Average
H41RESPPALDKXAWXCH52NWW
Liabilities: Deposits: Special Deposits of Member Banks
LDSDMB
Total Liabilities and Capital Accounts
TOTLCA
Resources and Assets: Federal Reserve Notes, Net Assets
RAFRNNA
Currency in Circulation
CURRCIR
Citation
U.S. Federal Reserve, Assets: Liquidity and Credit Facilities: Loans, Net: Payroll Protection Program Liquidity Facility: Change in Week Average from Previous Week Average [H41RESPPALDJXAWXCH1NWW], retrieved from FRED.
Last Checked: 8/1/2025