Chicago Fed National Financial Conditions Index Nonfinancial Leveral Subindex

NFCINONFINLEVERAGE • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.52

Year-over-Year Change

-9.50%

Date Range

7/14/2006 - 9/5/2025

Summary

The Chicago Fed National Financial Conditions Index Nonfinancial Leverage Subindex tracks the leverage and financial stress in the nonfinancial corporate sector. This metric provides critical insights into corporate financial health and potential systemic economic risks.

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

This subindex measures the financial leverage of nonfinancial corporations by analyzing debt levels, borrowing conditions, and balance sheet strength. Economists use it to assess corporate financial resilience and potential economic vulnerabilities.

Methodology

The index is calculated using a weighted composite of financial indicators related to nonfinancial corporate debt, credit conditions, and balance sheet metrics.

Historical Context

Policymakers and financial analysts use this index to monitor corporate financial stress and inform monetary and regulatory decision-making.

Key Facts

  • Tracks financial leverage of nonfinancial corporations
  • Provides early warning signals of potential economic stress
  • Part of the broader Chicago Fed National Financial Conditions Index

FAQs

Q: What does the Nonfinancial Leverage Subindex measure?

A: It measures the financial leverage and debt conditions of nonfinancial corporations, indicating their financial health and potential economic risks.

Q: How is a higher index value interpreted?

A: A higher value suggests increased financial stress and leverage in the nonfinancial corporate sector, potentially signaling economic challenges.

Q: Who uses this economic indicator?

A: Economists, policymakers, financial analysts, and investors use this index to assess corporate financial conditions and potential systemic risks.

Q: How frequently is this index updated?

A: The Chicago Fed typically updates this index on a regular monthly basis, providing current insights into corporate financial conditions.

Q: What are the limitations of this index?

A: The index provides a broad overview and may not capture specific sector or company-level nuances in corporate financial conditions.

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Citation

U.S. Federal Reserve, Chicago Fed National Financial Conditions Index Nonfinancial Leveral Subindex [NFCINONFINLEVERAGE], retrieved from FRED.

Last Checked: 8/1/2025