Consumer credit in the United States went up by USD 15.19 billion in February 2019, following an upwardly revised USD 17.72 billion gain in the previous month (vs preliminary USD 17.05 billion) and below market expectations of a USD 17.0 billion rise. Revolving credit including credit card borrowing climbed USD 3.0 billion, little-changed from an upwardly revised USD 2.6 billion advance in January. Meantime, non-revolving credit including loans for education and automobiles rose by USD 12.2 billion, compared to an upwardly revised USD 15.1 billion increase in the prior month. Year-on-year, consumer credit went up 4.5 percent (vs 5.3 percent in January) as revolving and non-revolving credit increased by 3.4 percent and 4.9 percent, respectively. Consumer Credit in the United States averaged 4.35 USD Billion from 1943 until 2019, reaching an all time high of 28.64 USD Billion in November of 2017 and a record low of -18.63 USD Billion in June of 2009.

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
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Calendar GMT Actual Previous Consensus TEForecast
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 $15.19B $17.72B $17B $17B
2019-05-07 07:00 PM Consumer Credit Change $15.19B $ 13B
2019-06-07 07:00 PM Consumer Credit Change
2019-07-08 07:00 PM Consumer Credit Change


United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 96.90 98.40 111.40 51.70 Index Points [+]
Retail Sales MoM 1.60 -0.20 6.70 -3.90 percent [+]
Retail Sales YoY 3.60 2.20 11.20 -11.50 percent [+]
Retail Sales Ex Autos 1.20 -0.20 2.60 -4.00 percent [+]
Consumer Spending 13032.30 12953.29 13032.30 1403.69 USD Billion [+]
Disposable Personal Income 15944.70 15913.40 15948.29 351.54 USD Billion [+]
Personal Spending 0.10 -0.60 2.80 -2.10 percent [+]
Personal Income 0.20 -0.10 4.60 -4.70 percent [+]
Personal Savings 7.50 7.70 17.30 2.20 percent [+]
Consumer Credit 15.19 17.72 28.64 -18.63 USD Billion [+]
Private Sector Credit 9709.77 9668.03 9709.77 39.04 USD Billion [+]
Bank Lending Rate 5.50 5.50 20.50 2.00 percent [+]
Economic Optimism Index 54.20 55.70 62.90 35.80 [+]
Redbook Index 5.00 4.80 9.30 -5.80 percent [+]
Chain Store Sales 2890.00 7611.00 15875.00 2890.00 USD Million [+]
Gasoline Prices 0.66 0.61 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
15.19 17.72 28.64 -18.63 1943 - 2019 USD Billion Monthly
SA




Country Last Previous
Australia 2824.75 Feb/19
Brazil 1814903.00 Feb/19
Canada 618244.00 Feb/19
China 379244.44 Feb/19
Euro Area 685594.44 Feb/19
France 1404757.00 Feb/19
Germany 233662.00 Dec/18
Indonesia 2373978.00 Feb/19
Italy 103749.81 Feb/19
Japan 332103.00 Dec/18
Mexico 1405033.60 Dec/18
Netherlands 16017.00 Dec/18
Russia 15220767.00 Jan/19
South Korea 1534631.00 Dec/18
Spain 646845146.00 Dec/18
Switzerland 872300.00 Jan/19
Turkey 519121689.00 Mar/19
United Kingdom 1145.00 Feb/19
United States 15.19 Feb/19


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