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Consumer Credit

Total non-mortgage consumer credit outstanding.

Consumer Credit
$5.15T
Millions of dollars · latest, May 2026
vs prior month→ 0.0%
vs year ago▲ 2.1%
1948-49 Recession · Nov 1948 – Oct 19491953-54 Recession · Jul 1953 – May 19541957-58 Recession · Aug 1957 – Apr 19581960-61 Recession · Apr 1960 – Feb 19611969-70 Recession · Dec 1969 – Nov 19701973-75 Recession · Nov 1973 – Mar 19751980 Recession · Jan 1980 – Jul 19801981-82 Recession · Jul 1981 – Nov 19821990-91 Recession · Jul 1990 – Mar 19912001 Recession · Mar 2001 – Nov 2001Global Financial Crisis · Dec 2007 – Jun 2009COVID-19 Recession · Feb 2020 – Apr 2020$1.0T$2.0T$3.0T$4.0T$5.0T1960198020002020$5.15T
Consumer Credit — one value per year; US recessions are shaded on the chart.
YearConsumer Credit
1943$0.01T
1944$0.01T
1945$0.01T
1946$0.01T
1947$0.01T
1948$0.02T
1949$0.02T
1950$0.02T
1951$0.02T
1952$0.03T
1953$0.03T
1954$0.04T
1955$0.04T
1956$0.05T
1957$0.05T
1958$0.05T
1959$0.06T
1960$0.06T
1961$0.06T
1962$0.07T
1963$0.08T
1964$0.09T
1965$0.10T
1966$0.10T
1967$0.11T
1968$0.12T
1969$0.13T
1970$0.13T
1971$0.15T
1972$0.17T
1973$0.19T
1974$0.20T
1975$0.20T
1976$0.23T
1977$0.26T
1978$0.31T
1979$0.35T
1980$0.35T
1981$0.37T
1982$0.39T
1983$0.44T
1984$0.52T
1985$0.60T
1986$0.65T
1987$0.69T
1988$0.73T
1989$0.79T
1990$0.81T
1991$0.80T
1992$0.81T
1993$0.87T
1994$1.00T
1995$1.14T
1996$1.25T
1997$1.32T
1998$1.42T
1999$1.53T
2000$1.72T
2001$1.87T
2002$1.97T
2003$2.08T
2004$2.19T
2005$2.29T
2006$2.46T
2007$2.61T
2008$2.64T
2009$2.56T
2010$2.65T
2011$2.76T
2012$2.91T
2013$3.09T
2014$3.31T
2015$3.40T
2016$3.64T
2017$3.83T
2018$4.01T
2019$4.19T
2020$4.15T
2021$4.51T
2022$4.86T
2023$4.99T
2024$4.95T
2025$5.10T
2026$5.15T

Hover the line to read any month. Drag across the chart to zoom; double-click to reset.

Source: FRED · TOTALSL · series · Jan 1943 to May 2026 · latest-revised

Refreshed Jul 31, 2026 from FRED.

Total non-mortgage consumer credit outstanding.

Total consumer credit outstanding excluding mortgages (Fed G.19).

Source: FRED · May 2026 · Full lesson → Learn

About the bands. Shaded spans are NBER-dated US recessions, drawn as factual overlays. They mark when the economy contracted, not why. Lining an event up with a move is not evidence it caused the move.