Total Consumer Credit Owned by Nonfinancial Business
TOTALNFC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,826.00
Year-over-Year Change
-1.81%
Date Range
1/1/1943 - 12/1/2019
Summary
Total Consumer Credit Owned by Nonfinancial Business tracks the aggregate amount of consumer credit held by non-financial companies in the United States. This metric provides critical insight into consumer borrowing patterns and overall economic health.
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 economic indicator represents the total consumer credit extended by businesses outside the financial sector, including retail installment loans, credit card receivables, and other consumer lending activities. Economists use this data to assess consumer spending capacity, credit market dynamics, and potential economic stress.
Methodology
The data is collected and compiled by the Federal Reserve through comprehensive surveys and financial reporting from nonfinancial businesses across various sectors.
Historical Context
Policymakers and financial analysts use this trend to evaluate consumer financial behavior, credit market conditions, and potential economic stimulus or contraction signals.
Key Facts
- Measures total consumer credit outside traditional financial institutions
- Reflects broader consumer borrowing and spending trends
- Provides insights into economic health and consumer financial capacity
FAQs
Q: What does TOTALNFC represent?
A: TOTALNFC represents the total consumer credit owned by nonfinancial businesses in the United States. It captures credit extended outside traditional banking institutions.
Q: Why is this economic indicator important?
A: This indicator helps economists and policymakers understand consumer borrowing patterns, credit market health, and potential economic trends or pressures.
Q: How often is this data updated?
A: The Federal Reserve typically updates this data quarterly, providing a current snapshot of consumer credit trends across nonfinancial sectors.
Q: What types of credit are included in this metric?
A: The metric includes retail installment loans, credit card receivables, and other consumer credit extended by nonfinancial businesses.
Q: How can businesses use this information?
A: Businesses can use this data to assess consumer spending capacity, credit market conditions, and potential investment or lending strategies.
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Related Trends
Revolving Consumer Credit Owned and Securitized
REVOLSL
Total Consumer Credit Owned and Securitized by Finance Companies
DTCTLHFNM
Nonrevolving Consumer Credit Owned and Securitized
NONREVSL
Nonrevolving Consumer Credit Securitized by Depository Institutions, Flow
DTCNLNHDXDFBANM
Revolving Consumer Credit Securitized by Depository Institutions, Flow
DTCNLRHDXDFBANM
Revolving Consumer Credit Owned by Credit Unions
REVOLNCU
Citation
U.S. Federal Reserve, Total Consumer Credit Owned by Nonfinancial Business [TOTALNFC], retrieved from FRED.
Last Checked: 8/1/2025