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General TradingC

Consumer Credit

Consumer Credit is an economic indicator that measures the change in the total value of outstanding consumer credit, including auto loans, credit cards, and student loans, but excluding mortgage debt. Rising consumer credit generally signals consumer confidence and spending growth, while declining credit may indicate economic caution.

Example

Consumer credit expanded by $28.4 billion in March, well above the $15 billion forecast, boosting retail sector stocks as traders anticipated stronger consumer spending.