Weekly
WCD3M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
-4.76%
Date Range
5/6/1994 - 6/28/2013
Summary
The WCD3M series tracks weekly changes in commercial and industrial loans at commercial banks. This metric provides critical insights into business lending activity and potential economic momentum.
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 measures the total value of commercial and industrial loans issued by commercial banks on a weekly basis. It reflects business investment, credit market conditions, and potential economic expansion or contraction.
Methodology
Data is collected through weekly bank reporting and aggregated by the Federal Reserve to track lending trends across the U.S. banking system.
Historical Context
Policymakers and economists use this trend to assess business credit conditions and potential economic growth signals. It helps inform monetary policy decisions and understand business investment sentiment.
Key Facts
- Represents total commercial and industrial loan values
- Updated on a weekly frequency
- Indicates business borrowing and investment activity
- Part of broader Federal Reserve economic monitoring
FAQs
Q: What does WCD3M measure?
A: WCD3M tracks the total value of commercial and industrial loans issued by commercial banks each week, reflecting business lending activity.
Q: Why are commercial loan trends important?
A: Commercial loan trends indicate business investment confidence, potential economic growth, and overall credit market conditions.
Q: How often is WCD3M updated?
A: The WCD3M series is updated weekly, providing near-real-time insights into commercial lending trends.
Q: Who uses WCD3M data?
A: Economists, policymakers, investors, and business analysts use this data to understand economic conditions and potential market trends.
Q: What can WCD3M tell us about the economy?
A: Rising loan values might indicate business expansion and economic optimism, while declining values could suggest economic caution or contraction.
Related Trends
Citation
U.S. Federal Reserve, Weekly [WCD3M], retrieved from FRED.
Last Checked: 8/1/2025