Domestic Finance Companies, All Other Assets and Accounts and Notes Receivable, Flow

Millions of Dollars, Quarterly Rate

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

Latest Value

5,172.12

Year-over-Year Change

-138.50%

Date Range

4/1/1984 - 1/1/2025

Summary

The 'Millions of Dollars, Quarterly Rate' economic trend measures the value of U.S. consumer credit outstanding, a key indicator of household financial conditions and consumer spending activity.

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 data series tracks the total dollar amount of outstanding consumer credit, which includes credit card balances, auto loans, and student loans, on a quarterly basis. It is used by economists and policymakers to assess the health of household finances and consumer demand.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on financial institution reporting.

Historical Context

Policymakers monitor this metric to gauge the overall state of consumer credit markets and make informed decisions.

Key Facts

  • The current level of U.S. consumer credit outstanding is over $4.5 trillion.
  • Consumer credit has grown steadily since the 2008-2009 recession.
  • Credit card debt accounts for the largest share of outstanding consumer credit.

FAQs

Q: What does this economic trend measure?

A: The 'Millions of Dollars, Quarterly Rate' metric tracks the total dollar amount of outstanding consumer credit in the United States, including credit cards, auto loans, and student loans.

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

A: This data is closely monitored by economists and policymakers as it provides insight into the overall health of household finances and consumer spending patterns, which are key drivers of economic activity.

Q: How is this data collected or calculated?

A: The U.S. Federal Reserve collects this data from financial institutions and calculates the total outstanding consumer credit on a quarterly basis.

Q: How is this trend used in economic policy?

A: Policymakers at the Federal Reserve and other government agencies use this metric to assess consumer demand and make informed decisions about monetary policy, regulatory oversight, and other economic interventions.

Q: Are there update delays or limitations?

A: The consumer credit data is published on a quarterly basis, with a lag of approximately 2-3 months after the end of the reporting period.

Related Trends

Citation

U.S. Federal Reserve, Millions of Dollars, Quarterly Rate (STFAFOXDFBANQ), retrieved from FRED.