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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Consumer Credit Change climbed to 14.17B in June 2026
FMPMonthlyReleased August 2026
US Consumer Credit Change climbed to 14.17B in June 2026, released August 2026, up 15.25B from May's -1.08B reading. The print exceeded the 10.5B consensus by 3.67B. Consumer Credit Change has now declined for 3 consecutive months. The reading is in the 57th percentile of the trailing 24-month range.
Latest Release
14.17
Actual
10.5
Consensus
-1.08
Previous
Median Absolute Error
±3.9 billion
across last 12 releases
Last Call
Aug 2026
Predicted: 11.85
Actual: 14.17
Error: -2.32
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.91 | FOREX | Moves against | → View |
| BTC/USD | ▲ Direct | +0.57 | CRYPTO | Moves with | → View |
| GBP/USD | ▲ Direct | +0.56 | FOREX | Moves with | → View |
| USD/CAD | ▼ Inverse | −0.53 | FOREX | Moves against | → View |
| EUR/USD | ▲ Direct | +0.53 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Credit Change (United States) was reported at 14.17 billion in August 2026. This beat the market consensus of 10.50 billion by 3.67 billion. The reading rose from the previous value of -1.08 billion. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 12.09 billion, ranging from 0.36 billion to 24.05 billion across 8 releases.
WHY IT MATTERS
The trailing three releases averaged 14.31 billion, up from the prior three at 12.49 billion. Volatility over the past year (σ 7.59 billion) is lower than the prior year (σ 12.23 billion). In August readings over the past 3 years, Consumer Credit Change has averaged 10.16 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bearish USD). A secondary relationship exists with BTC/USD, positively correlated (Bullish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 3.91 billion.
WHAT TO WATCH NEXT
The next release is scheduled for September 8, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Aug 17) and NAHB Housing Market Index (Aug 17).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Consumer Credit Change - US
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About Consumer Credit Change — United States
DEFINITION
Consumer Credit Change is a financial indicator that measures the month-to-month change in the amount of credit extended to consumers by financial institutions. It provides valuable insights into consumer spending habits and overall economic activity, as credit is a major driver of consumer spending. This indicator is closely monitored by economists and investors as it can signal potential shifts in consumer behavior and overall economic health. A positive change in consumer credit indicates increased borrowing and spending, while a negative change may suggest a decrease in consumer confidence and spending.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 14.17 B, consensus 10.5 B. Prior reading (Apr 2026): 20.7 B. Before that (Mar 2026): 24.86 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/JPY (Bearish USD, r=-0.91) — a useful reference for forex-focused traders.
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Economic Calendar - US Events
| Thursday, August 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | US | Continuing Jobless Claims | 1777 | 1799 | 1800 | 1788.50 | Low |
| 12:30 | US | Initial Jobless Claims | 209 | 200 | 202 | 205.50 | Medium |
| 12:30 | US | Core PPI YoY | 4.2 | 4.7 | 4.2 | 4.20 | Low |
| 12:30 | US | Core PPI MoM | 0.2 | 0.4 | 0.3 | 0.25 | Medium |
| 12:30 | US | Producer Price Index MoM | 0 | -0.1 | 0.2 | 0.10 | High |
| 12:30 | US | Jobless Claims 4-Week Average | 199 | 199 | 197 | 198.00 | Low |
| 12:30 | US | PPI Ex Food, Energy and Trade YoY | 4.7 | 5 | 5.1 | 4.90 | Low |
| 12:30 | US | PPI Ex Food, Energy and Trade MoM | 0.4 | 0.1 | 0.1 | 0.25 | Low |
| 12:30 | US | Producer Price Index | 156.563 | 156.607 | 156.41 | 156.49 | Low |
| 12:30 | US | Producer Price Index YoY | 4.7 | 5.5 | 4.9 | 4.80 | Low |
| 14:30 | US | EIA Natural Gas Stocks Change | 36 | 33 | 31 | 33.50 | Low |
| Friday, August 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Retail Sales Ex Autos MoM | -0.3 | -0.2 | 0.2 | -0.05 | Medium |
| 12:30 | US | Retail Sales Ex Gas/Autos MoM | -0.2 | 0.4 | 0.3 | 0.05 | Low |
| 12:30 | US | Retail Sales YoY | 5 | 6.8 | 6 | 5.50 | Low |
| 12:30 | US | Retail Sales MoM | -0.6 | 0.2 | 0.1 | -0.25 | High |
| 14:00 | US | Michigan Consumer Expectations | 50.6 | 55.4 | 55.2 | 52.90 | Low |
| 14:00 | US | Michigan 5 Year Inflation Expectations | 3.3 | 3.3 | 3.2 | 3.25 | Low |
| 14:00 | US | Business Inventories MoM | 0 | 0.4 | 0.1 | 0.05 | Medium |
| 14:00 | US | Michigan Current Conditions | 51.8 | 54.8 | 55 | 53.40 | Low |
| 14:00 | US | Michigan Inflation Expectations | 4.3 | 4.2 | 4.1 | 4.20 | Low |
| 14:00 | US | Michigan Consumer Sentiment | 51 | 55.2 | 54.5 | 52.75 | High |
| 14:00 | US | Retail Inventories Ex Autos MoM | -0.4 | 0.7 | -0.2 | -0.30 | Low |
| 15:30 | US | Atlanta Fed GDPNow | 4.3 | 5.8 | 5.8 | 5.05 | Medium |