US consumer credit is a very important economic indicator that describes the US financial system and seriously influences the standing of the US dollars quotes.
This indicator comprises the entire country’s banking system and the rate of the consumer credits that are obtained by residents using credit cards. It allows stating that it is a special indicator of the consumer demand in the domestic market. When working with this indicator investors pay attention to its growth rate. Growth indicates that there is a stable situation within the country, and, as a result, the residents are not afraid to obtain new credits. It is necessary to remember that this indicator is seasonal because before the holidays, primarily, before the Christmas, credit’s rate grows by itself and with no reference to the economy.
Re-calculation of the consumer credit occurs every month. After this, the data are published.