The trend since 2019.
The latest available read: Consumer Credit Growth is at 2.58% as of July 2026. Source: FRED · TOTALSL.
Why it matters.
Steady credit growth signals consumers are borrowing cautiously and lenders are willing to extend credit, suggesting confidence in the job market and household finances. A sustained slowdown here would be a red flag for spending power and economic momentum.
Where it fits.
Consumer Credit Growth feeds the Credit view — one of the six areas behind the site's Macro IQ score.