| Economic Event | Consumer Credit |
| Units | Change in Billions of Dollars |
| Current Period | Jun 2012 |
| Release Date | Aug. 07. 12 |
| Reported | 6.5 |
| Consensus for Current Period | 10 |
| Number of Forecasts | 2 |
| Economic Surprise | -3.5 ( -35.00 % ) |
| Prior Period | May 2012 |
| Reported Value for Prior Period | 16.7 |
| Revised From | 17.1 |
| Next Release Date | Sep. 10. 12 |
| Next Release Time | 3:00 PM Eastern Time |
| Source | https://www.federalreserve.gov/releases/g19/current/default.htm |
| Note | |
| Description | Consumer 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). |