Consumer credit in the United States went up by USD 10.28 billion in March 2019, following an upwardly revised USD 15.45 billion gain in the previous month (vs preliminary USD 15.19 billion) and below market expectations of a USD 16.0 billion rise. This is the slowest increase in total consumer credit since last June, when it reached USD 8.84 billion. Revolving credit including credit card borrowing declined USD 2.2 billion, after an upwardly revised 3.1 billion climb in February. Meantime, non-revolving credit including loans for education and automobiles jumped USD 12.4 billion, matching an upwardly revised USD 12.4 billion increase in the prior month. Year-on-year, consumer credit went up 3.1 percent, easing from a 4.6 percent rise in February, as a 5 percent gain in non-revolving credit was partly offset by a 2.5 percent fall in revolving credit. Consumer Credit in the United States averaged 4.43 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 4.85 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
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
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 $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 $10.28B $9B
2019-07-08 07:00 PM Consumer Credit Change
2019-08-07 07:00 PM Consumer Credit Change $ 9B


United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 102.40 97.20 111.40 51.70 Index Points [+]
Retail Sales MoM -0.20 1.70 6.70 -3.90 percent [+]
Retail Sales YoY 3.10 3.80 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.10 1.30 2.60 -4.00 percent [+]
Consumer Spending 13071.00 13032.30 13071.00 1403.69 USD Billion [+]
Disposable Personal Income 15939.42 15938.80 15948.29 351.54 USD Billion [+]
Personal Spending 0.90 0.10 2.80 -2.10 percent [+]
Personal Income 0.10 0.20 4.60 -4.70 percent [+]
Personal Savings 6.50 7.30 17.30 2.20 percent [+]
Consumer Credit 10.28 15.45 116.79 -111.95 USD Billion [+]
Private Sector Credit 9724.94 9709.77 9724.94 39.04 USD Billion [+]
Bank Lending Rate 5.50 5.50 20.50 2.00 percent [+]
Economic Optimism Index 58.60 54.20 62.90 35.80 [+]
Redbook Index 5.20 5.40 9.30 -5.80 percent [+]
Chain Store Sales 3690.00 3236.00 15875.00 2890.00 USD Million [+]
Gasoline Prices 0.74 0.66 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
10.28 15.45 116.79 -111.95 1943 - 2019 USD Billion Monthly
SA




Country Last Previous
Australia 2827.04 Mar/19
Brazil 1827731.00 Mar/19
Canada 619866.00 Mar/19
China 390744.62 Apr/19
Euro Area 690270.39 Mar/19
France 1411522.00 Mar/19
Germany 234441.00 Mar/19
Indonesia 2401318.00 Mar/19
Italy 105010.40 Mar/19
Japan 332103.00 Dec/18
Mexico 1405033.60 Dec/18
Netherlands 16017.00 Dec/18
Russia 15430745.00 Mar/19
South Korea 1540043.80 Mar/19
Spain 646845146.00 Dec/18
Switzerland 878022.00 Mar/19
Turkey 521473235.00 Apr/19
United Kingdom 549.00 Mar/19
United States 10.28 Mar/19


Related

Latest