Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks
Annual
H8B1247NCBCAG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
-1275.00%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend represents an annual measurement of a specific financial indicator tracked by the Federal Reserve. It provides critical insights into the broader economic landscape and potential macroeconomic shifts.
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 series represents a standardized annual economic measurement that economists use to assess long-term financial trends and structural economic changes. Analysts carefully examine this indicator to understand underlying economic dynamics and potential policy implications.
Methodology
Data is collected through comprehensive federal statistical surveys and aggregated using standardized economic measurement protocols.
Historical Context
This trend is utilized by policymakers, financial institutions, and economic researchers to inform strategic decision-making and economic forecasting.
Key Facts
- Represents an annual economic measurement
- Tracked by the Federal Reserve
- Used for comprehensive economic analysis
FAQs
Q: What does this economic trend measure?
A: It measures a specific annual financial indicator tracked by the Federal Reserve. The precise details depend on the specific series interpretation.
Q: How frequently is this data updated?
A: This is an annual measurement, typically updated once per calendar year. Specific update timing can vary based on federal statistical collection processes.
Q: Why is this trend important for economists?
A: It provides critical insights into long-term economic patterns and structural changes. Economists use such trends to understand broader economic dynamics.
Q: How can businesses use this data?
A: Businesses can leverage this trend for strategic planning, understanding market conditions, and making informed financial decisions.
Q: Are there limitations to this economic indicator?
A: Like all economic indicators, this trend provides a snapshot and should be considered alongside other data points for comprehensive analysis.
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Citation
U.S. Federal Reserve, Annual [H8B1247NCBCAG], retrieved from FRED.
Last Checked: 8/1/2025