Source | |
Measures | Change in the total value of outstanding consumer credit that requires installment payments; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, about 35 days after the month ends; |
Next Release | |
Why Traders Care | It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money; |