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.

Most recent - Tuesday 7 April 2026 19:00

Previous
$8.05B
Revised
-
Forecast
$10B
Actual
$9.48B

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

Trading range

Forecast history

The most recent announced value for Consumer Credit Change was $9.48B against a forecast of $10B.

Past events

Date
Forecast
Actual
Tuesday 7 April 2026 19:00
$10B
$9.48B
Friday 6 March 2026 20:00
$12B
$8.05B
Friday 6 February 2026 20:00
$8B
$24.05B
Thursday 8 January 2026 20:00
$10B
$4.229B
Friday 5 December 2025 20:00
$10.5B
$9.18B
Friday 7 November 2025 20:00
$10B
$13.09B
Tuesday 7 October 2025 19:00
$13.5B
$0.36B
Monday 8 September 2025 19:00
$10.1B
$16.01B
Thursday 7 August 2025 19:00
$7B
$7.37B
Tuesday 8 July 2025 19:00
$11B
$5.1B
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

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
Durable Goods OrdersBearish change-0.5%-1.4%
Durable Goods Orders ex DefenseBearish change0.2%-1.2%
Durable Goods Orders ex TransportationBullish change0.3%0.8%
Nondefense Capital Goods Orders ex AircraftBullish change-0.4%0.6%
ADP Employment Change 4-week averageBullish change10K26K
ISM Services Employment IndexBearish change51.845.2
ISM Services New Orders IndexBullish change58.660.6
ISM Services PMIBearish change56.154
ISM Services Prices PaidBullish change6370.7
S&P Global Composite PMIBearish change51.450.3
Average Hourly Earnings (MoM)Bearish change0.4%0.2%
Average Hourly Earnings (YoY)Bearish change3.8%3.5%
Labor Force Participation RateBearish change62%61.9%
Nonfarm PayrollsBullish change-133K178K
U6 Underemployment RateBullish change7.9%-8%
Unemployment RateBullish change4.4%4.3%
Initial Jobless ClaimsBullish change211K202K
Challenger Job CutsBullish change48.307K60.62K
ISM Manufacturing Employment IndexBearish change48.848.7
ISM Manufacturing New Orders IndexBearish change55.853.5
ISM Manufacturing PMIBullish change52.452.7
ISM Manufacturing Prices PaidBullish change70.578.3
Retail Sales (MoM)Bullish change-0.1%0.6%
Retail Sales Control GroupBullish change0.2%0.5%
Retail Sales ex Autos (MoM)Bullish change0%0.5%
ADP Employment ChangeBearish change66K62K
JOLTS Job OpeningsBearish change7.24M6.882M
Chicago PMIBearish change57.752.8
Housing Price Index (MoM)Bearish change0.3%0.1%
Michigan Consumer Expectations IndexBearish change54.151.7
Michigan Consumer Sentiment IndexBearish change55.553.3
UoM 1-year Consumer Inflation ExpectationsBullish change3.4%3.8%
UoM 5-year Consumer Inflation Expectation(no change)3.2%3.2%
Initial Jobless ClaimsBearish change205K210K

About Consumer Credit Change

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

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