Economic EventConsumer Credit
UnitsChange in Billions of Dollars
Current PeriodApr 2011
Release DateJun. 07. 11
Reported6.3
Consensus for Current Period5.6
Number of Forecasts4
Economic Surprise0.7 ( 12.50 % )
Prior PeriodMar 2011
Reported Value for Prior Period4.8
Revised From6
Next Release DateJul. 08. 11
Next Release Time3:00 PM Eastern Time
Source https://www.federalreserve.gov/releases/g19/Current/
Note 
DescriptionConsumer credit is considered a good indicator of the potential future spending levels, and shows the extent to which benchmark interest rates such as the fed funds rate and prime rate have manifested themselves at the consumer level (it can take six months to a year for macro interest rates to work their way down to consumers).
Close Window