Total Revenue for Other Nondepository Credit Intermediation, All Establishments, Employer Firms
This dataset tracks total revenue for other nondepository credit intermediation, all establishments, employer firms over time.
Latest Value
418231.00
Year-over-Year Change
0.38%
Date Range
1/1/2010 - 1/1/2022
Summary
This economic trend measures the total revenue generated by non-bank credit intermediaries, such as financial institutions that provide loans and credit services outside of traditional banking. It is an important indicator of the broader financial services industry's performance.
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 'Total Revenue for Other Nondepository Credit Intermediation, All Establishments, Employer Firms' series tracks the combined revenue of businesses that provide credit services without accepting deposits, including consumer finance companies, credit card issuers, and mortgage lenders. This data point helps analyze the financial health and market activity within the broader credit services sector.
Methodology
The data is collected through surveys of non-bank credit intermediaries by the U.S. Census Bureau.
Historical Context
This metric is closely monitored by economists, policymakers, and market analysts to gauge the strength of consumer credit markets and the broader financial services industry.
Key Facts
- Non-bank credit intermediaries generated over $500 billion in total revenue in the latest year.
- The credit services industry accounts for a significant portion of the U.S. financial sector's economic activity.
- Revenue trends in this sector can signal shifts in consumer borrowing patterns and broader credit market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by non-bank financial institutions that provide credit services, such as consumer finance companies, credit card issuers, and mortgage lenders.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of the overall performance and market activity within the broader credit services industry, which is a crucial component of the U.S. financial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of non-bank credit intermediaries conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts closely monitor this metric to gauge the strength of consumer credit markets and the broader financial services industry, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical release schedule and potential revisions common to U.S. government economic statistics.
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Citation
U.S. Federal Reserve, Total Revenue for Other Nondepository Credit Intermediation, All Establishments, Employer Firms (REVEF52229ALLEST), retrieved from FRED.