Consumer credit in the United States went up by USD 17.05 billion in January 2019, up from a downwardly revised USD 15.36 billion gain in the previous month and above market expectations of a USD 16.0 billion rise. Revolving credit including credit card borrowing climbed USD 2.5 billion, compared to a downwardly revised USD 1.0 billion advance in December. Meantime, non-revolving credit including loans for education and automobiles rose by USD 14.5 billion, little changed from a downwardly revised USD 14.4 billion in the prior month. Year-on-year, consumer credit went up 5.1 percent, as revolving and non-revolving credit increased by 2.9 percent and 5.9 percent, respectively. Consumer Credit in the United States averaged 4.76 USD Billion from 1950 until 2019, reaching an all time high of 118.08 USD Billion in December of 2010 and a record low of -113.42 USD Billion in December of 2015.

Consumer Credit in the United States is expected to be 13.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in the United States to stand at 10.00 in 12 months time. In the long-term, the United States Consumer Credit Change is projected to trend around 8.00 USD Billion in 2020, according to our econometric models.

United States Consumer Credit Change
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-12-07 08:00 PM Consumer Credit Change $25.38B $11.60B $15B $ 14.8B
2019-01-08 08:00 PM Consumer Credit Change $22.2B $24.9B $17.5B $ 29B
2019-02-07 08:00 PM Consumer Credit Change $16.55B $22.41B $17B $ 15B
2019-03-07 08:00 PM Consumer Credit Change $17.05B $15.36B $16B $13B
2019-04-05 07:00 PM Consumer Credit Change $17.05B $15B
2019-05-07 07:00 PM Consumer Credit Change $ 13B
2019-06-07 07:00 PM Consumer Credit Change


United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 97.80 93.80 111.40 51.70 Index Points [+]
Retail Sales MoM 0.20 -1.60 6.70 -3.90 percent [+]
Retail Sales YoY 2.30 1.60 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.90 -2.10 2.60 -4.00 percent [+]
Consumer Spending 13044.25 12953.29 13044.25 1403.69 USD Billion [+]
Disposable Personal Income 15907.00 15942.18 15942.18 351.54 USD Billion [+]
Personal Spending -0.50 0.60 2.80 -2.10 percent [+]
Personal Income -0.10 1.00 4.60 -4.70 percent [+]
Personal Savings 7.60 6.10 17.30 2.20 percent [+]
Consumer Credit 17.05 15.36 118.08 -113.42 USD Billion [+]
Private Sector Credit 9668.03 9630.97 9668.03 39.04 USD Billion [+]
Bank Lending Rate 5.50 5.50 20.50 2.00 percent [+]
Economic Optimism Index 55.70 50.30 62.90 35.80 [+]
Redbook Index 4.90 4.40 9.30 -5.80 percent [+]
Chain Store Sales 7611.00 5637.00 15875.00 3055.00 USD Million [+]
Gasoline Prices 0.61 0.59 1.07 0.24 USD/Liter [+]
Households Debt To GDP 76.40 76.60 98.60 23.80 percent of GDP [+]
Consumer Confidence Current Conditions 113.20 112.50 121.10 57.50 [+]
Consumer Confidence Economic Expectations 80.20 83.90 108.60 44.20 [+]
Consumer Confidence Price Trends 2.70 2.60 10.40 0.40 [+]


United States Consumer Credit Change

In the United States, Consumer Credit refers to outstanding credit flows extended to individuals for household, family, and other personal expenditures, excluding loans secured by real estate. This page provides the latest reported value for - United States Consumer Credit Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Consumer Credit Change - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
17.05 15.36 118.08 -113.42 1950 - 2019 USD Billion Monthly
SA




Country Last Previous
Australia 2811.01 Jan/19
Brazil 1806862.00 Jan/19
Canada 615842.00 Jan/19
China 379244.44 Feb/19
Euro Area 686041.96 Jan/19
France 1401642.00 Jan/19
Germany 233662.00 Dec/18
Indonesia 2353074.00 Jan/19
Italy 103036.42 Jan/19
Japan 332103.00 Dec/18
Mexico 1405033.60 Dec/18
Netherlands 15948.00 Sep/18
Russia 14790659.00 Dec/18
South Korea 1534631.00 Dec/18
Spain 646845146.00 Dec/18
Switzerland 872300.00 Jan/19
Turkey 509243315.00 Feb/19
United Kingdom 1095.00 Jan/19
United States 17.05 Jan/19


Related

Latest