Consumer Credit Change

The Consumer Credit released by the Board of Governors of the Federal Reserve is an amount of money that individuals borrowed. It shows if consumers can afford large expenses, which can fuel economic growth. However, a high figure may also indicate that the economy is overheating, as consumers borrow in order to live beyond their means. A high reading is seen as positive (or Bullish) for the USD, whereas a low reading is seen as negative.

Next event - Monday 7 July 2025 19:00

Previous
$17.87B
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Consumer Credit Change yet - check back for updates.

Most recent - Friday 6 June 2025 19:00

Previous
$10.17B
Revised
$-3.4B
Forecast
$10.85B
Actual
$17.87B

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Trading range

Forecast history

The most recent announced value for Consumer Credit Change was $17.87B against a forecast of $10.85B.

Past events

Date
Forecast
Actual
Friday 6 June 2025 19:00
$10.85B
$17.87B
Wednesday 7 May 2025 19:00
$9.5B
$10.17B
Monday 7 April 2025 19:00
$15.2B
$-0.81B
Friday 7 March 2025 20:00
$14.5B
$18.08B
Friday 7 February 2025 20:00
$12.35B
$40.85B
Wednesday 8 January 2025 20:00
$10.5B
$-7.49B
Friday 6 December 2024 20:00
$10B
$19.24B
Thursday 7 November 2024 20:00
$14.5B
$6B
Monday 7 October 2024 19:00
$12B
$8.93B
Monday 9 September 2024 19:00
$12.5B
$25.45B
Wednesday 7 August 2024 19:00
$10B
$8.93B
Monday 8 July 2024 19:00
$10B
$11.35B
Friday 7 June 2024 19:00
$11B
$6.4B
Tuesday 7 May 2024 19:00
$15B
$6.27B
Friday 5 April 2024 19:00
$15B
$14.12B
Thursday 7 March 2024 20:00
$9.25B
$19.49B
Wednesday 7 February 2024 20:00
$16B
$1.56B
Monday 8 January 2024 20:00
$9B
$23.75B
Thursday 7 December 2023 20:00
$9B
$5.13B
Tuesday 7 November 2023 20:00
$10B
$9.06B
Friday 6 October 2023 19:00
$11.7B
$-15.63B
Friday 8 September 2023 19:00
$16B
$10.4B
Monday 7 August 2023 19:00
$13B
$17.85B
Monday 10 July 2023 19:00
$20.5B
$7.24B
Wednesday 7 June 2023 19:00
$22B
$23B
Friday 5 May 2023 19:00
$16.5B
$26.51B
Friday 7 April 2023 19:00
$19B
$15.29B
Tuesday 7 March 2023 20:00
$20B
$14.8B
Tuesday 7 February 2023 20:00
$24B
$11.56B
Monday 9 January 2023 20:00
$25B
$27.96B
Wednesday 7 December 2022 20:00
$28.5B
$27.08B
Monday 7 November 2022 20:00
$30B
$24.98B
Friday 7 October 2022 19:00
$25B
$32.24B
Thursday 8 September 2022 19:00
$33B
$23.81B
Friday 5 August 2022 19:00
$25B
$40.15B
Friday 8 July 2022 19:00
$31.9B
$22.35B

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Consumer Credit Change result:

PreviousLatest
Factory Orders (MoM)Bullish change-3.9%8.2%
ISM Services Employment IndexBearish change50.747.2
ISM Services New Orders IndexBullish change46.451.3
ISM Services PMIBullish change49.950.8
ISM Services Prices PaidBearish change68.767.5
S&P Global Composite PMIBullish change52.852.9
Average Hourly Earnings (YoY)Bearish change3.8%3.7%
Initial Jobless ClaimsBullish change237K233K
Labor Force Participation RateBearish change62.4%62.3%
Nonfarm PayrollsBullish change144K147K
U6 Underemployment RateBullish change7.8%7.7%
Unemployment RateBullish change4.2%4.1%
Average Hourly Earnings (MoM)Bearish change0.4%0.2%
ADP Employment ChangeBearish change29K-33K
Challenger Job CutsBearish change93.816K47.999K
ISM Manufacturing Employment IndexBearish change46.845
ISM Manufacturing New Orders IndexBearish change47.646.4
ISM Manufacturing PMIBullish change48.549
ISM Manufacturing Prices PaidBullish change69.469.7
JOLTS Job OpeningsBullish change7.395M7.769M
Chicago PMIBearish change40.540.4
Michigan Consumer Expectations IndexBearish change58.458.1
Michigan Consumer Sentiment IndexBullish change60.560.7
UoM 1-year Consumer Inflation ExpectationsBearish change5.1%5%
UoM 5-year Consumer Inflation ExpectationBearish change4.1%4%
Core Personal Consumption Expenditures - Price Index (MoM)Bullish change0.1%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.6%2.7%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.1%0.1%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.2%2.3%
Personal Income (MoM)Bearish change0.7%-0.4%
Personal SpendingBearish change0.2%-0.1%
Pending Home Sales (MoM)Bullish change-6.3%1.8%
Core Personal Consumption Expenditures (QoQ)Bullish change3.4%3.5%
Durable Goods OrdersBullish change-6.6%16.4%
Durable Goods Orders ex DefenseBullish change-7.7%15.5%
Durable Goods Orders ex TransportationBullish change0%0.5%
Gross Domestic Product AnnualizedBearish change-0.2%-0.5%
Gross Domestic Product Price IndexBullish change3.7%3.8%
Initial Jobless ClaimsBullish change245K236K
Nondefense Capital Goods Orders ex AircraftBullish change-1.4%1.7%
Personal Consumption Expenditures Prices (QoQ)Bullish change3.6%3.7%
New Home Sales Change (MoM)Bearish change9.6%-13.7%
Housing Price Index (MoM)Bearish change0%-0.4%
Existing Home Sales Change (MoM)Bullish change-0.5%0.8%
S&P Global Composite PMIBearish change5352.8
S&P Global Manufacturing PMI(no change)5252
S&P Global Services PMIBearish change53.753.1

About Consumer Credit Change

Country:United States
Currency:USD
Source:Federal Reserve
Category:Inflation
Frequency:Monthly

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