Gold Held in the Treasury and Federal Reserve Banks for United States
Millions of Dollars, Monthly, Not Seasonally Adjusted
M1437BUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,299.00
Year-over-Year Change
4.47%
Date Range
1/1/1914 - 5/1/1949
Summary
This economic trend measures the total value of U.S. consumer loans and debt balances on a monthly basis. It provides insight into household borrowing and consumption 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 represents the outstanding value of consumer credit in the United States, including revolving credit like credit cards and non-revolving credit like auto loans. This key metric helps analysts and policymakers assess consumer demand and financial health.
Methodology
The data is collected and published monthly by the U.S. Federal Reserve.
Historical Context
Consumer credit levels are closely watched by economists, regulators, and investors for their implications on economic growth, household spending, and financial stability.
Key Facts
- U.S. consumer credit reached a record high of $4.4 trillion in 2022.
- Revolving credit, like credit cards, makes up about a third of total consumer debt.
- Consumer credit growth slowed in 2022 amid rising interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding value of consumer credit in the United States, including both revolving credit (like credit cards) and non-revolving credit (like auto loans).
Q: Why is this trend relevant for users or analysts?
A: Consumer credit levels provide insight into household borrowing, spending patterns, and financial health, which are closely watched by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Consumer credit trends are used by the Federal Reserve, government agencies, and private sector analysts to assess consumer demand, financial stability, and the broader state of the economy.
Q: Are there update delays or limitations?
A: The consumer credit data is published monthly with a relatively short lag, making it a timely indicator of economic conditions.
Related Trends
Commercial and Industrial Loans, Weekly Reporting Member Banks, Federal Reserve System for United States
M1499AUSM144NNBR
Money Stock, Commercial Banks Plus Currency Held by Public for United States
M1444AUSM027SNBR
Other Securities, Bank of England for Great Britain
M14083GBM440NNBR
Investments, National Banks for New York, NY
M14041US35620M144NNBR
Circulation, Other Than Central Reserve Cities for United States
M14007USM144NNBR
Lawful Money Held, National Banks, Other Than Central Reserve Cities for United States
M14012USM144NNBR
Citation
U.S. Federal Reserve, Millions of Dollars, Monthly, Not Seasonally Adjusted (M1437BUSM144NNBR), retrieved from FRED.