Borrowings at Federal Reserve Banks, Member Banks for New York, NY
Millions of Dollars, Monthly, Not Seasonally Adjusted
M1422BUS35620M144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1929 - 12/1/1941
Summary
This economic series measures the monthly value of U.S. total consumer credit outstanding in millions of dollars on a non-seasonally adjusted basis. It provides insight into consumer borrowing and spending patterns.
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 'Millions of Dollars, Monthly, Not Seasonally Adjusted' series tracks the total value of outstanding consumer credit across the United States. This metric is used by economists and policymakers to analyze trends in household credit utilization and consumer demand.
Methodology
The data is collected and reported monthly by the U.S. Federal Reserve.
Historical Context
This series is closely monitored for its implications on consumer spending, inflation, and broader economic conditions.
Key Facts
- The series tracks total outstanding consumer credit in the U.S.
- Data is reported monthly on a non-seasonally adjusted basis.
- Consumer credit is a key indicator of household spending and economic health.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of outstanding consumer credit in the United States, reported monthly on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer borrowing and spending patterns, which are closely monitored by economists and policymakers for their implications on the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Trends in consumer credit are closely analyzed by policymakers and market participants for their potential impact on consumer spending, inflation, and overall economic conditions.
Q: Are there update delays or limitations?
A: The series is reported monthly with no significant update delays, providing timely data on consumer credit trends.
Related Trends
Time Deposits, Nonnational Banks Outside New York State
M14157USM144SNBR
Individual Deposits, National Banks, Country Districts for United States
M14022USM144NNBR
Individual Deposits, National Banks, Reserve Cities Other Than Central for United States
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Bills Discounted, Federal Reserve Banks for United States
M14067USM144NNBR
Government Securities Held, Federal Reserve Banks for United States
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Time Deposits, Federal Reserve Member Banks Outside New York State
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Citation
U.S. Federal Reserve, Millions of Dollars, Monthly, Not Seasonally Adjusted (M1422BUS35620M144NNBR), retrieved from FRED.