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U.S. Consumer Credit

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U.S. Consumer Credit

Frequency

Delivery Method

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Status

 
Latest Release
Apr 05, 2024
Actual
14.12B
Forecast
16.20B
Previous
17.68B
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
May 07, 2024 (Mar) 15:00     14.12B
Apr 05, 2024 (Feb) 15:00 14.12B 16.20B 17.68B
Mar 07, 2024 (Jan) 16:00 19.49B 10.10B 0.92B
Feb 07, 2024 (Dec) 16:00 1.56B 14.90B 23.48B
Jan 08, 2024 (Nov) 16:00 23.75B 9.00B 5.78B
Dec 07, 2023 (Oct) 16:00 5.13B 9.00B 12.22B

News

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Consumer Credit Discussion

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All Comments (3)
Tursunboyev Mashxur
Tursunboyev Mashxur Apr 05, 2024 8:49AM ET
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what does it mean ?
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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what does it mean ?
 
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