Consumer Credit

Search Dictionary

Definition of 'Consumer Credit'

Around the fifth business day of each month the Federal Reserve Board of Governors releases the Consumer Credit figures. These figures cover data two months prior to release month. Values for January are released in March.

The figure released is the dollar value of consumer installment credit outstanding. This is a lagging indicator due to the month between the end of the reporting period and when the figure is released.

Since the global financial crises started the debt-to-income ratio (which shows how indebted consumers are relative to their income) has been following a downward trend.

Check the Economic Events Calendar to see if this or other announcements are taking place in the next 5 days.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.

Emini Day Trading / Daily Notes / Forecast / Economic Events / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Mortgage Calculator / Donate

Copyright © 2004-2023, MyPivots. All rights reserved.