Add to Favorites  
home      
 
 
    Forex Books
 
    Forex
 
    Financial Software
 
    Forex Charts,Quotes
 
    Links
    Business Magazines
 
    Forex Brokers
 
    Data Providers
 
    Financial News
 
    Glossary
    Technical Indicators
    Currency Converter
    Market Reports
    Regulatory Agencies
    For Beginners
    Key Economic Indicators
    Forex Signals
    Forex Training
 
 
Auto and Truck Sales
Business Inventories
Chicago PMI
Conference Board Consumer Confidence
Construction Spending
Consumer Credit
Consumer Price Index, CPI
Durable Goods Orders
Employment Cost Index
Existing Home Sales
Export & Import Prices
Factory Orders
Gross Domestic Product - GDP
Housing Starts & Building Permits
Industrial Production
Initial Jobless Claims
International Trade
Leading Indicators Report
Money Supply
NAPM: National Association of Purchasing Managers
New Home Sales
Non-Manufacturing NAPM
Personal Income & Consumption
Philadelphia Fed Index
PPI - Producer Price Index
Productivity and Costs
Regional Manufacturing Surveys
Retail Sales report
Employment Report
Treasury Budget
University of Michigan Consumer Sentiment Index
Weekly Chain Store Sales
Wholesale Trade report


 
Consumer Credit
 
  • Importance (A-F): This release merits a D-.
  • Source: Federal Reserve.
  • Release Time: 15:00 ET on the fifth business day of the month (data for two months prior).
  • Raw Data Available At: www.federalreserve.gov.

This monthly measure of consumer debt is volatile and subject to massive revisions. It is also released well after every other consumer spending indicator, including weekly chain store sales, auto sales, consumer confidence, retail sales, and personal consumption. For these reasons, the market almost never reacts to the consumer credit report.

Consumer credit is broken down into three categories: auto, revolving (ie, credit card), and other. Since we already have indications on total consumer spending well before this release, there is little to be gained from learning what portion of spending was financed through acquisition of debt. Periods of strong spending can be accompanied by relatively weak credit growth and vice versa, so this measure fails even as a coincident or lagging indicator.

     
 
Google
 
     
 
 
Forex Books Forex Financial Software Forex Charts,Quotes Links
Business Magazines Forex Brokers Data Providers Financial News Glossary
Technical Indicators Currency Converter Market Reports Regulatory Agencies For Beginners