Username: LuckyWoman Rating: Asked to: Goro Yang Date Created: 28 May 2016 |
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Category | 28 |
Tag | Financial |
Question | What is 'G.19 Report'? |
Hello LuckyWoman, A monthly statistical report from the U.S. Federal Reserve that shows outstanding credit extended to individuals for household, family and other personal expenditures. Also known as the Consumer Credit Report, the G.19 Report contains a wealth of information pertaining to U.S. consumer credit. The G.19 Report is useful for two reasons - (a) it provides valuable insights into consumer credit availability, which drives consumer spending that accounts for 70% of the U.S. economy, and (b) it is a timely report on current credit conditions, as it is published only five business days after the end of the month for which the data is being reported. |
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