Seasonally Adjusted
TOTTCBSL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,606.50
Year-over-Year Change
10.36%
Date Range
1/1/1959 - 2/1/2006
Summary
The Seasonally Adjusted Total Consumer Borrowing (TOTTCBSL) tracks the aggregate consumer credit levels after accounting for predictable seasonal variations. This metric provides economists and policymakers with a more accurate representation of underlying credit trends by removing cyclical fluctuations.
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 outstanding, normalized to eliminate seasonal patterns like holiday spending or summer vacation borrowing. Economists use this adjusted figure to understand the true trajectory of consumer lending and credit market dynamics.
Methodology
Data is collected through financial institution reports and adjusted using statistical techniques that remove predictable seasonal variations from raw credit borrowing numbers.
Historical Context
The metric is crucial for assessing consumer financial health, monetary policy decisions, and predicting potential economic expansions or contractions.
Key Facts
- Removes predictable seasonal variations from credit data
- Provides a more accurate view of underlying credit trends
- Used by policymakers and financial analysts for economic assessment
FAQs
Q: What does seasonally adjusted mean?
A: Seasonally adjusted data removes predictable cyclical variations to reveal the underlying trend. This helps analysts understand true economic changes without seasonal noise.
Q: Why is seasonal adjustment important for consumer credit?
A: Consumer borrowing naturally fluctuates due to holidays, vacations, and other predictable events. Seasonal adjustment allows for more accurate analysis of credit market trends.
Q: How often is this data updated?
A: The Federal Reserve typically updates seasonally adjusted consumer credit data monthly, providing a current snapshot of borrowing trends.
Q: How do policymakers use this data?
A: Central banks and economic policymakers use this metric to assess consumer financial health, potential economic risks, and inform monetary policy decisions.
Q: What are the limitations of seasonally adjusted data?
A: While helpful, seasonal adjustments are based on statistical models and can sometimes over or under-correct for seasonal variations. Analysts always consider both adjusted and unadjusted data.
Related News
Gen Z In the U.S. Shifts From Spending To Saving Habits
How Gen Z's Shift from Spending to Saving is Impacting the US Economy Recent trends indicate a significant shift in the spending habits of Gen Z, w...
S&P 500 Rises With Optimistic U.S. Inflation Report
S&P 500 Soars: Positive U.S. Inflation Developments The S&P 500, a primary stock index that tracks the performance of 500 major U.S. companies, has...
U.S. Stock Market Futures Rise On Inflation and Tariff News
US Stock Market Futures Rise Amid Inflation Data and Tariff News US stock market futures are on the rise, driven by significant updates in inflatio...
U.S. Treasury Yields Decline After Inflation Data Meet Expectations
US Treasury Yields Drop as Inflation Data Meets Expectations US Treasury yields have seen a noticeable decline recently, as the latest inflation da...
U.S. Stock Market Rises Amid PCE Inflation Report Analysis
U.S. Stock Market Climbs Amidst Insights from PCE Inflation Report Investors in the U.S. stock market are focusing on the most recent PCE Inflation...
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures...
Related Trends
Citation
U.S. Federal Reserve, Seasonally Adjusted [TOTTCBSL], retrieved from FRED.
Last Checked: 8/1/2025