Consumer credit in the United States increased by USD 14.38 billion in August of 2021, following an upwardly revised USD 17.2 billion gain in the previous month, missing market expectations of a USD 17.5 billion rise. Revolving credit increased by USD 2.98 billion while non-revolving credit went up by USD 11.39 billion. source: Federal Reserve

Consumer Credit in the United States averaged 4.60 USD Billion from 1943 until 2021, reaching an all time high of 115.58 USD Billion in December of 2010 and a record low of -111.62 USD Billion in December of 2015. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Consumer Credit in the United States is expected to be 11.38 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 11.60 USD Billion in 2022 and 11.85 USD Billion in 2023, according to our econometric models.

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United States Consumer Credit Change


Calendar GMT Actual Previous Consensus TEForecast
2021-09-08 07:00 PM Jul $17B $37.86B $25B $29B
2021-10-07 07:00 PM Aug $14.38B $17.2B $17.5B $18B
2021-11-05 07:00 PM Sep $14.38B $15.27B $ 17.4B


News Stream
US Consumer Credit Lower than Expected
Consumer credit in the United States increased by USD 14.38 billion in August of 2021, following an upwardly revised USD 17.2 billion gain in the previous month, missing market expectations of a USD 17.5 billion rise. Revolving credit increased by USD 2.98 billion while non-revolving credit went up by USD 11.39 billion.
2021-10-07
US Consumer Credit Growth Misses Expectations
Consumer credit in the United States increased by USD 17.0 billion in July of 2021, following an upwardly revised USD 37.86 billion gain in the previous month, missing market expectations of a USD 25 billion rise. Revolving credit increased by USD 5.56 billion while non-revolving credit went up by USD 11.45 billion.
2021-09-08
US Consumer Credit Grows Above Expectations
Consumer credit in the United States went up by USD 37.69 billion in June of 2021, following a revised USD 36.69 billion gain in the previous month and comfortably beating market expectations of a USD 23 billion rise. Revolving credit increased by USD 17.86 billion while non-revolving credit went up by USD 19.83 billion.
2021-08-06

United States Last Unit Reference Previous Highest Lowest
Private Sector Credit 10460.62 USD Billion Sep/21 10431.62 10829.94 39.04
Consumer Credit 14.38 USD Billion Aug/21 17.27 115.58 -111.62
Bank Lending Rate 3.25 percent Sep/21 3.25 20.50 2.00


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.