Consumer credit in the United States went up by USD 17.09 billion in May 2019, following a downwardly revised USD 17.46 billion gain in the previous month and above market expectations of a USD 16.65 billion rise. Revolving credit including credit card borrowing climbed by USD 7.2 billion, after a USD 7 billion increase in April. Meantime, non-revolving credit including loans for education and automobiles jumped by USD 9.9 billion, after a USD 10.5 billion increase in the prior month. Year-on-year, consumer credit went up 5 percent, easing from a 5.2 percent rise in April, as revolving credit went up 8.2 percent and non-revolving credit 3.9 percent. Consumer Credit in the United States averaged 4.46 USD Billion from 1943 until 2019, reaching an all time high of 116.79 USD Billion in December of 2010 and a record low of -111.95 USD Billion in December of 2015.

Consumer Credit in the United States is expected to be 14.95 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 17.37 in 12 months time. In the long-term, the United States Consumer Credit Change is projected to trend around 16.27 USD Billion in 2020, according to our econometric models.

United States Consumer Credit Change
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-05 07:00 PM Consumer Credit Change $15.19B $17.72B $17B $17B
2019-05-07 07:00 PM Consumer Credit Change $10.28B $15.45B $16B $15B
2019-06-07 07:00 PM Consumer Credit Change $17.5B $11.03B $12B $9B
2019-07-08 07:00 PM Consumer Credit Change $17.09B $17.46B $16.65B $15.9B
2019-08-07 07:00 PM Consumer Credit Change $17.09B $16.9B
2019-09-09 07:00 PM Consumer Credit Change
2019-10-07 07:00 PM Consumer Credit Change


United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 98.20 100.00 111.40 51.70 Index Points [+]
Retail Sales MoM 0.40 0.40 6.70 -3.90 percent [+]
Retail Sales YoY 3.40 2.90 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.40 0.40 2.60 -4.00 percent [+]
Consumer Spending 13061.63 13032.30 13061.63 1403.69 USD Billion [+]
Disposable Personal Income 16028.80 15956.30 16028.80 351.54 USD Billion [+]
Personal Spending 0.40 0.60 2.80 -2.10 percent [+]
Personal Income 0.50 0.50 4.60 -4.70 percent [+]
Personal Savings 6.10 6.10 17.30 2.20 percent [+]
Consumer Credit 17.09 17.46 116.79 -111.95 USD Billion [+]
Private Sector Credit 9801.37 9764.44 9801.37 39.04 USD Billion [+]
Bank Lending Rate 5.50 5.50 20.50 2.00 percent [+]
Economic Optimism Index 56.60 53.20 62.90 35.80 [+]
Redbook Index 4.70 6.20 9.30 -5.80 percent [+]
Chain Store Sales 3418.00 3374.00 15875.00 2632.00 USD Million [+]
Gasoline Prices 0.72 0.75 1.07 0.24 USD/Liter [+]
Households Debt To GDP 76.30 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
17.09 17.46 116.79 -111.95 1943 - 2019 USD Billion Monthly
SA




Country Last Previous
Australia 2828.93 May/19
Brazil 1861845.00 May/19
Canada 628425.00 May/19
China 396203.53 May/19
Euro Area 700217.16 May/19
France 1425661.00 May/19
Germany 234441.00 Mar/19
Indonesia 2445720.00 May/19
Italy 106884.80 May/19
Japan 331784.00 Mar/19
Mexico 1399285.80 Mar/19
Netherlands 16017.00 Dec/18
Russia 15746053.00 Apr/19
South Korea 1540043.80 Mar/19
Spain 646754555.00 Mar/19
Switzerland 880102.00 Apr/19
Turkey 526402249.00 Jun/19
United Kingdom 822.00 May/19
United States 17.09 May/19


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