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U.S. Consumer Credit

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U.S. Consumer Credit

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Status

 
Latest Release
Nov 07, 2017
Actual
20.83B
Forecast
18.00B
Previous
13.14B
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
Dec 07, 2017 (Oct) 15:00   18.00B 20.83B
Nov 07, 2017 (Sep) 15:00 20.83B 18.00B 13.14B
Oct 06, 2017 (Aug) 14:00 13.06B 16.00B 17.72B
Sep 08, 2017 (Jul) 14:00 18.50B 15.10B 11.83B
Aug 07, 2017 (Jun) 14:00 12.40B 15.30B 18.28B
Jul 10, 2017 (May) 14:00 18.41B 12.60B 12.93B

News

U.S. stock futures continue higher, Fed speakers on tap
U.S. stock futures continue higher, Fed speakers on tap By Investing.com - Aug 07, 2017

Investing.com – Wall Street futures pointed to a higher open on Monday, as buying enthusiasm remained supported after the Dow ended last week with a string of 8 consecutive record closing highs ...

Top 5 Things to Know In the Market on Monday
Top 5 Things to Know In the Market on Monday By Investing.com - Jul 10, 2017 3

Investing.com - Here are the top five things you need to know in financial markets on Monday, July 10: 1. Global stocks ride U.S. job creation higher Global stocks traded mostly higher on Monday as ...

U.S. Consumer Credit 16.43B vs. 14.00B forecast
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 ...

Analysis

OctaFX
Central Bank Speeches Headline Tuesday By OctaFX - Nov 07, 2017

Central bank developments will take centre stage on Tuesday, as commentary from the ECB and Fed will move the financial markets. European Central Bank President Mario Draghi will deliver a speech at ...

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.
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Fx Joyonto Sarker
Fx Joyonto Sarker Sep 08, 2014 8:04PM GMT
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what does it mean ?
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