Nonrevolving Consumer Credit Owned by Depository Institutions
NREVNDI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
832,062.30
Year-over-Year Change
-6.84%
Date Range
1/1/1943 - 6/1/2025
Summary
Nonrevolving Consumer Credit Owned by Depository Institutions tracks the total amount of non-credit card installment loans held by banks and credit unions. This metric provides insight into consumer borrowing patterns for major purchases like automobiles, education, and personal loans.
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 economic indicator represents the aggregate value of long-term, fixed-payment loans issued by financial institutions to consumers. Economists use this trend to assess consumer financial health, spending capacity, and potential economic momentum.
Methodology
Data is collected through comprehensive bank and financial institution reporting to the Federal Reserve, aggregating loan balances across different depository institutions.
Historical Context
Policymakers and financial analysts use this trend to evaluate consumer lending trends, potential economic stimulus, and overall credit market conditions.
Key Facts
- Represents long-term, fixed-payment consumer loans excluding credit card debt
- Includes loans for automobiles, education, and personal financing
- Provides critical insight into consumer borrowing and economic health
FAQs
Q: What types of loans are included in nonrevolving consumer credit?
A: Nonrevolving credit includes installment loans like auto loans, student loans, personal loans, and other fixed-term credit arrangements.
Q: How does this metric differ from revolving credit?
A: Unlike revolving credit (like credit cards), nonrevolving credit has a fixed repayment schedule and predetermined loan amount.
Q: How often is this data updated?
A: The Federal Reserve typically updates this data monthly, providing current insights into consumer lending trends.
Q: Why do economists track nonrevolving consumer credit?
A: This metric helps assess consumer financial health, spending capacity, and potential economic growth or contraction.
Q: What can changes in this trend indicate?
A: Increases might suggest consumer confidence and economic expansion, while decreases could signal economic uncertainty or reduced consumer spending.
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Citation
U.S. Federal Reserve, Nonrevolving Consumer Credit Owned by Depository Institutions [NREVNDI], retrieved from FRED.
Last Checked: 8/1/2025