|Low||$18.45 B||$17.6 B||
Fed Consumer Credit shows monthly changes in the existing loans. The report considers personal loans only. Real property-secured loans are not included. The indicator is based on data from banks, financial companies, retailers and credit unions.
The index is used to evaluate potential retail sales and shows the growth of loan interest rates. The index growth is an indication of an increase in consumer spending. However, the excessive increase of the household debt may indicate the economic overheating.
The chart of the entire available history of the "Federal Reserve System (Fed) Consumer Credit m/m" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.