2017 Economic Calendar
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Consumer Credit  
Released On 4/7/2017 3:00:00 PM For Feb, 2017
PriorPrior RevisedConsensusConsensus RangeActual
Consumer Credit - M/M change$8.8 B$10.9 B$15.0 B$11.0 B to $18.0 B$15.2 B

Highlights
Consumer credit rose a nearly as-expected $15.2 billion in February with January revised $2.1 billion higher to $10.9 billion. Revolving credit perked up with a $2.9 billion gain following January's $2.6 billion decline. Nonrevolving credit, which includes vehicle financing and also student loans, rose $12.3 billion which is on the slow side for this reading. Credit growth isn't robust but is steady and constructive for the economy.

Recent History Of This Indicator
Consumer credit is expected to rise $15.0 billion in February following January's modest $8.8 billion gain. Credit growth has been slowing which hints at economic slowing. Consumers held back on credit-card borrowing in January as revolving credit fell $3.8 billion for the first monthly decline since February last year and the largest since December 2012.

Definition
The dollar value of consumer installment credit outstanding. Changes in consumer credit indicate the state of consumer finances and portend future spending patterns.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/92/73/74/75/56/77/108/79/810/611/712/7
Release For: NovDecJanFebMarAprMayJunJulAugSepOct
 


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