Nonrevolving Consumer Credit Owned by Federal Government
NREVNGOV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,545,470.48
Year-over-Year Change
4.08%
Date Range
1/1/1977 - 6/1/2025
Summary
The NREVNGOV tracks the total value of nonrevolving consumer credit directly owned by the U.S. federal government, which includes student loans and other government-held credit instruments. This metric provides critical insights into government lending practices and the scale of public sector involvement in consumer credit markets.
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
Nonrevolving consumer credit represents installment loans with fixed repayment schedules, such as student loans, auto loans, and personal loans held by federal agencies. Economists analyze this trend to understand government lending strategies, credit market dynamics, and potential fiscal interventions.
Methodology
The Federal Reserve collects this data through comprehensive financial surveys and reporting mechanisms from government lending institutions.
Historical Context
Policymakers and financial analysts use this trend to assess government lending capacity, educational finance strategies, and broader consumer credit market health.
Key Facts
- Primarily reflects government-owned student loan portfolios
- Indicates direct federal involvement in consumer credit markets
- Provides insights into public sector lending strategies
FAQs
Q: What types of loans are included in NREVNGOV?
A: The metric primarily includes student loans and other installment loans directly owned by federal government agencies.
Q: How does NREVNGOV impact economic policy?
A: It helps policymakers understand government lending capacity and potential interventions in consumer credit markets.
Q: How often is NREVNGOV data updated?
A: The Federal Reserve typically updates this data monthly as part of its comprehensive financial reporting.
Q: Why do economists track this metric?
A: It provides crucial insights into government lending practices and the scale of public sector involvement in consumer credit.
Q: What are the limitations of NREVNGOV data?
A: The metric focuses only on federal government-owned credit and does not include state or private lending activities.
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Related Trends
Total Consumer Credit Owned by Nonfinancial Business, Flow
FLTOTALNFC
Total Consumer Credit Securitized by Nonfinancial Business, Flow
DTCNLHNXDFBANM
Revolving Consumer Credit Owned and Securitized
REVOLSL
Nonrevolving Securitized Consumer Credit
NREVNSEC
Total Consumer Credit Owned by Finance Companies
TOTALFC
Nonrevolving Consumer Credit Owned by Nonprofit and Educational Institutions, Flow
FLNREVNEI
Citation
U.S. Federal Reserve, Nonrevolving Consumer Credit Owned by Federal Government [NREVNGOV], retrieved from FRED.
Last Checked: 8/1/2025