Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for United States

QUSPAM770A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

143.00

Year-over-Year Change

-10.40%

Date Range

10/1/1947 - 10/1/2024

Summary

The 'Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for United States' trend measures the total credit extended to the private non-financial sector in the United States. This metric is a key indicator of economic activity and financial conditions.

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 series tracks the total outstanding credit provided to the private non-financial sector, including households and non-financial businesses. It is an important measure of the overall level of debt and credit in the economy, which can influence consumer spending, investment, and financial stability.

Methodology

The data is collected and calculated by the Bank for International Settlements (BIS) based on information from national sources.

Historical Context

Policymakers and analysts use this trend to assess the financial health of the private sector and potential risks to economic growth.

Key Facts

  • The series dates back to 1952.
  • Credit to the private non-financial sector was 257% of GDP in Q4 2022.
  • This trend reached a peak of 271% of GDP in Q1 2009.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total outstanding credit extended to the private non-financial sector in the United States, including households and businesses.

Q: Why is this trend relevant for users or analysts?

A: This metric is an important indicator of the overall level of debt and credit in the economy, which can influence consumer spending, investment, and financial stability.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Bank for International Settlements (BIS) based on information from national sources.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to assess the financial health of the private sector and potential risks to economic growth.

Q: Are there update delays or limitations?

A: The data is updated quarterly, and there may be some delays in reporting or revisions to historical figures.

Related Trends

Citation

U.S. Federal Reserve, Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for United States (QUSPAM770A), retrieved from FRED.