Real Final Consumption Expenditure for Russia
Annual
NCRXDCRUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102,067,411.20
Year-over-Year Change
57.74%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the net percentage change in total real domestic credit provided by the U.S. financial sector on an annual basis. It is a key indicator of the overall lending and credit conditions in the economy.
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 Annual trend tracks the year-over-year change in total real domestic credit, which includes loans, securities, and other credit instruments provided by banks, insurance companies, pension funds, and other financial institutions. This metric offers insights into the availability and flow of credit throughout the U.S. economy.
Methodology
The data is calculated by the Federal Reserve based on national accounts and financial sector surveys.
Historical Context
Analysts and policymakers monitor this trend to gauge the broader state of lending, investment, and economic growth.
Key Facts
- Annual credit growth peaked at 8.7% in 2021.
- Credit growth slowed to 3.4% in 2022 amid rising interest rates.
- The financial sector accounts for over 20% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in total real domestic credit provided by the U.S. financial sector.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the overall availability and flow of credit throughout the economy, which is a key driver of investment, consumption, and economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on national accounts and financial sector surveys.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the broader state of lending, investment, and economic growth, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Annual data is released with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual (NCRXDCRUA), retrieved from FRED.