The 'Consumer Credit Change' in the USA measures the monthly change in the total amount of outstanding credit extended to individuals, including credit card debt and non-revolving loans like auto loans. It is a key indicator of consumer spending and financial health, as increased borrowing can signal consumer confidence and economic growth, while a decline may indicate financial strain or reduced spending. Financial markets closely watch this metric, as it can influence monetary policy decisions and provide insights into future economic activity. Significant changes can impact interest rates, stock markets, and consumer-related sectors.
The 'Consumer Credit Change' in the USA measures the monthly change in the total amount of outstanding credit extended to individuals, including credit card debt and non-revolving loans like auto loans. It is a key indicator of consumer spending and financial health, as increased borrowing can si...