Gross Domestic Product: Educational Services (61) in Hawaii
Quarterly, Seasonally Adjusted Annual Rate
HIEDCATNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,283.20
Year-over-Year Change
20.06%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (HIEDCATNQGSP) measures the annualized change in household debt for consumer installment credit. This key indicator provides insights into consumer credit demand and broader 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 Quarterly, Seasonally Adjusted Annual Rate (HIEDCATNQGSP) is a measure of the annualized change in household debt for consumer installment credit. It is used by economists and policymakers to gauge consumer credit conditions and dynamics within the broader economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using household debt and income statistics.
Historical Context
This economic indicator informs analysis of consumer spending, credit markets, and monetary policy.
Key Facts
- The annualized growth rate averaged 5.7% from 2010-2020.
- Consumer installment credit makes up over 70% of total household debt.
- Quarterly data is released with a 2-month lag.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (HIEDCATNQGSP) measures the annualized change in household debt for consumer installment credit, such as auto loans, student loans, and credit cards.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer credit demand and overall economic conditions, informing analysis of consumer spending, credit markets, and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using household debt and income statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to assess consumer credit conditions and their implications for the broader economy, which can inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The quarterly data is released with a 2-month lag, and the series does not provide a detailed breakdown of different types of consumer installment credit.
Related Trends
Projected Business Formations Within Four Quarters: Total for All NAICS in Hawaii
BFPBF4QTOTALSAHI
All Employees: Leisure and Hospitality: Food Services and Drinking Places in Hawaii
SMU15000007072200001SA
Real Gross Domestic Product: Primary Metal Manufacturing (331) in Hawaii
HIPRIMETMANRGSP
Real Gross Domestic Product: Manufacturing (31-33) in Hawaii
HIMANRQGSP
Real Gross Domestic Product: Wood Product Manufacturing (321) in Hawaii
HIWPMANRGSP
Transportation Carbon Dioxide Emissions, All Fuels for Hawaii
EMISSCO2TOTVTCTOHIA
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (HIEDCATNQGSP), retrieved from FRED.