Consumer Credit in the United States decreased to 8.28 USD Billion in August from 17.74 USD Billion in July of 2026. Consumer Credit in the United States averaged 5.13 USD Billion from 1943 until 2026, reaching an all time high of 41.82 USD Billion in March of 2022 and a record low of -64.49 USD Billion in April of 2020. source: Federal Reserve

Consumer Credit in the United States is expected to be 9.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Consumer Credit Change is projected to trend around 15.00 USD Billion in 2027 and 18.00 USD Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-08 07:00 PM
Consumer Credit Change
Jul $18.06B $14.56B $11.7B $16.0B
2026-10-07 07:00 PM
Consumer Credit Change
Aug $8.28B $17.74B $15B $14.0B
2026-11-06 08:00 PM
Consumer Credit Change
Sep $8.28B $ 5B


Related Last Previous Unit Reference
Bank Lending Rate 7.00 6.75 percent Sep 2026
Chain Store Sales 3060.00 3024.00 USD Million Aug 2026
Michigan Consumer Sentiment 48.10 51.70 points Sep 2026
Consumer Credit Change 8.28 17.74 USD Billion Aug 2026
Consumer Spending 16788.70 16634.20 USD Billion Jun 2026
Credit Card Accounts 653.63 647.96 Million Jun 2026
Debt Balance Auto Loans 1.71 1.69 Trillion USD Jun 2026
Debt Balance Credit Cards 1.26 1.24 Trillion USD Jun 2026
Debt Balance Mortgages 13.12 13.19 Trillion USD Jun 2026
Debt Balance Student Loans 1.65 1.66 Trillion USD Jun 2026
Total Household Debt 18.77 18.78 USD Trillion Jun 2026
Disposable Personal Income 24223.20 24154.60 USD Billion Aug 2026
RCM/TIPP Economic Optimism Index 46.80 45.60 points Oct 2026
Gasoline Prices 1.15 1.07 USD/Liter Sep 2026
Households Debt to GDP 67.20 68.10 percent of GDP Mar 2026
Michigan Consumer Expectations 46.30 51.50 points Sep 2026
Michigan Current Conditions 50.90 51.90 points Sep 2026
Personal Income MoM 0.20 0.30 percent Aug 2026
Personal Savings 4.10 4.60 percent Aug 2026
Personal Spending MoM 0.90 0.10 percent Aug 2026
Private Sector Credit 14004.70 13903.00 USD Billion Aug 2026
Redbook YoY 8.60 8.20 percent Oct 2026
Retail Sales Ex Autos MoM 1.40 -0.20 percent Aug 2026
Retail Sales Ex Gas/Autos MoM 1.20 -0.30 percent Aug 2026
Retail Sales MoM 1.20 -0.50 percent Aug 2026
Retail Sales YoY 6.00 5.00 percent Aug 2026
Used Car Prices MoM -1.10 -0.90 percent Sep 2026
Used Car Prices YoY -0.60 0.40 percent Sep 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
8.28 17.74 41.82 -64.49 1943 - 2026 USD Billion Monthly
SA

News Stream
US Consumer Credit Rises in July
Total US consumer credit rose $18.06 billion in July 2026, following a $14.55 billion increase in June and beating forecasts for an $11.7 billion gain. Revolving credit, which includes credit card debt, increased $2.80 billion, pointing to stronger short-term consumer borrowing. Meanwhile, nonrevolving credit, which includes auto and student loans, rose $15.26 billion.
2026-09-08
US Consumer Credit Unexpectedly Falls in May
Total US consumer credit fell by $0.18 billion in May 2026, following an upwardly revised $20.82 billion increase in April and missing market expectations for a $17.1 billion gain. Revolving credit, which includes credit card debt, declined to $1.34 trillion from $1.35 trillion, pointing to weaker short-term consumer borrowing. Meanwhile, nonrevolving credit, which includes auto and student loans, increased to $3.81 trillion from $3.80 trillion. Overall consumer credit was unchanged on an annualized, seasonally adjusted basis, as revolving credit contracted at a 4.7% annual rate while nonrevolving credit grew at a 1.6% pace.
2026-07-08
US Consumer Credit Growth Beats Forecasts
Total US consumer credit increased by $20.7 billion in April 2026, following a downwardly revised $22.3 billion gain in April and exceeding market expectations for an $18 billion increase. Revolving credit, which includes credit card debt, rose to $1.31 trillion from $1.30 trillion in the previous month, indicating continued growth in short-term consumer borrowing. Meanwhile, nonrevolving credit, which includes auto and student loans, increased to $3.76 trillion from $3.74 trillion. The data pointed to sustained consumer demand for credit despite elevated borrowing costs and a high interest-rate environment.
2026-06-05