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U.S. Consumer Credit

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U.S. Consumer Credit

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Status

 
Latest Release
Jan 09, 2023
Actual
27.96B
Forecast
25.00B
Previous
29.12B
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
Feb 07, 2023 (Dec) 15:00   24.50B 27.96B
Jan 09, 2023 (Nov) 15:00 27.96B 25.00B 29.12B
Dec 07, 2022 (Oct) 15:00 27.08B 28.30B 25.82B
Nov 07, 2022 (Sep) 15:00 24.98B 30.00B 30.18B
Oct 07, 2022 (Aug) 14:00 32.24B 24.50B 26.10B
Sep 08, 2022 (Jul) 14:00 23.81B 33.00B 39.06B

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Consumer Credit Discussion

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All Comments (2)
jacqfrost david
jacqfr0st Sep 08, 2016 9:23PM ET
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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 4:04PM ET
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