Assets: Liquidity and Credit Facilities: Loans: Primary Credit: Change in Week Average from Year Ago Week Average

RESPPALDPXAWXCH52NWW • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-1,122.00

Year-over-Year Change

-67.58%

Date Range

6/7/2006 - 7/30/2025

Summary

This economic indicator tracks the week-over-week change in primary credit loans compared to the previous year's average. It provides insight into the Federal Reserve's lending activities and the overall liquidity in the banking system.

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 metric represents the dynamic shifts in primary credit lending, which is a key mechanism for banks to access short-term funding from the Federal Reserve. Economists use this data to assess banking system stress, monetary policy effectiveness, and potential credit market constraints.

Methodology

Data is collected through Federal Reserve reporting systems, tracking weekly changes in primary credit lending compared to the same period in the previous year.

Historical Context

This indicator is crucial for understanding monetary policy implementation, banking system health, and potential economic intervention strategies.

Key Facts

  • Measures week-to-week changes in primary credit lending
  • Provides insight into banking system liquidity
  • Reflects potential monetary policy adjustments

FAQs

Q: What is primary credit in banking?

A: Primary credit is a lending facility provided by the Federal Reserve to financially sound banks for short-term liquidity needs. It is typically offered at a slightly higher interest rate than the federal funds rate.

Q: How does this indicator relate to economic health?

A: Changes in primary credit lending can signal banking system stress, credit market conditions, and potential economic challenges or interventions by monetary authorities.

Q: How often is this data updated?

A: The data is typically updated weekly, providing a near real-time view of lending dynamics in the banking system.

Q: Why do economists track this metric?

A: This indicator helps economists understand banking system liquidity, potential financial stress, and the effectiveness of monetary policy interventions.

Q: What are the limitations of this data?

A: The metric provides a snapshot of lending at a specific time and should be analyzed alongside other economic indicators for comprehensive insights.

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Citation

U.S. Federal Reserve, Assets: Liquidity and Credit Facilities: Loans: Primary Credit: Change in Week Average from Year Ago Week Average [RESPPALDPXAWXCH52NWW], retrieved from FRED.

Last Checked: 8/1/2025