2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Consumer Credit  
Released On 3/7/2018 3:00:00 PM For Jan, 2018
PriorPrior RevisedConsensusConsensus RangeActual
Consumer Credit - M/M change$18.4 B$19.2 B$17.4 B$10.0 B to $19.0 B$13.9 B

The consumer pulled in during January, evident not only in the month's very soft results for consumer spending but also in credit outstanding which rose a lower-than-expected $13.9 billion and included an undersized $0.7 billion rise for revolving credit. Non-revolving credit rose an intrend $13.2 billion reflecting increases in both vehicle loans and also student loans.

Consensus Outlook
Another tangible rise in consumer credit is the call for January, at a consensus $17.4 billion vs $18.4 billion in December and $31.0 billion in November. Consumers have been drawing on their credit cards at a steady rate with revolving credit running at 6 percent annualized growth.

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

2018 Release Schedule
Released On: 1/82/73/74/65/76/77/98/79/1010/511/712/7
Release For: NovDecJanFebMarAprMayJunJulAugSepOct

powered by  [Econoday]