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U.S. Consumer Credit

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U.S. Consumer Credit

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Status

 
Latest Release
Jun 07, 2017
Actual
8.20B
Forecast
15.50B
Previous
19.54B
Consumer Credit measures the change in the total value of outstanding consumer credit that requires installment payments. It is closely correlated with consumer spending and confidence. The figure can be volatile as it often subject to sizable revisions.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Importance:
Country:
Currency: USD
Source: Federal Reserve
U.S. Consumer Credit
 
Release Date Time Actual Forecast Previous
Jul 10, 2017 (May) 15:00     8.20B
Jun 07, 2017 (Apr) 15:00 8.20B 15.50B 19.54B
May 05, 2017 (Mar) 15:00 16.43B 14.00B 13.75B
Apr 07, 2017 (Feb) 15:00 15.21B 13.90B 10.86B
Mar 07, 2017 (Jan) 16:00 8.79B 17.10B 14.76B
Feb 07, 2017 (Dec) 16:00 14.16B 20.00B 25.20B

News

text
U.S. Consumer Credit 16.43B vs. 14.00B forecast By Investing.com - May 05, 2017 1

Investing.com - U.S. consumer credit rose more-than-expected last month, official data showed on Friday.In a report, Federal Reserve said that U.S. Consumer Credit rose to a seasonally adjusted ...

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U.S. Consumer Credit 15.21B vs. 13.90B forecast By Investing.com - Apr 07, 2017

Investing.com - U.S. consumer credit rose more-than-expected last month, official data showed on Friday.In a report, Federal Reserve said that U.S. Consumer Credit rose to a seasonally adjusted ...

Analysis

Consumer Credit Discussion

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All Comments (2)
jacqfrost david
jacqfr0st Sep 09, 2016 1:23AM GMT
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Consumers are taking on more debt via credit cards and loans. This combined with contraction in services and manufacturing, an unemployment rate at 4.9%, means that people may be using credit to pay for every day expenses, borrowing due to not having the means to pay for it.
Fx Joyonto Sarker
Fx Joyonto Sarker Sep 08, 2014 8:04PM GMT
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what does it mean ?
 
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