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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Consumer Credit Change fell to 20.7B in April 2026
FMPMonthlyReleased June 2026
US Consumer Credit Change fell to 20.7B in April 2026, released June 2026, down 1.6B from March's 22.3B reading. The print exceeded the 18B consensus by 2.7B. The print is running well above the 12-month average of 11.39B. Over the past 3 months, Consumer Credit Change averaged 17.17B, vs 12.11B in the prior 3-month window. The reading is in the 80th percentile of the trailing 24-month range.
Latest Release
20.7
Actual
18
Consensus
22.3
Previous
Median Absolute Error
±6.2 billion
across last 12 releases
Last Call
Jun 2026
Predicted: 18
Actual: 20.7
Error: -2.7
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.78 | FOREX | Bearish USD | → View |
| GBP/USD | ▲ Direct | +0.59 | FOREX | Bullish GBP | → View |
| NZD/USD | ▲ Direct | +0.48 | FOREX | Bullish NZD | → View |
| EUR/USD | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| GOOGL | ▲ Direct | +0.40 | STOCKS | Bullish GOOGL | → 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 20.70 billion in June 2026. This beat the market consensus of 18.00 billion by 2.70 billion. The reading fell from the previous value of 22.30 billion. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 10.56 billion, ranging from 0.36 billion to 24.05 billion across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 17.60 billion, up from the prior three at 4.59 billion. Volatility over the past year (σ 7.50 billion) is lower than the prior year (σ 11.98 billion). In June readings over the past 3 years, Consumer Credit Change has averaged 14.99 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bearish USD). A secondary relationship exists with GBP/USD, positively correlated (Bullish GBP). Over the last 12 releases, the Sigmacast model's median absolute error is 6.20 billion.
WHAT TO WATCH NEXT
The next release is scheduled for July 8, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update June 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 (Apr 2026): actual 20.7 B, consensus 18 B. Prior reading (Mar 2026): 24.86 B. Before that (Feb 2026): 9.48 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=-0.78) — a useful reference for forex-focused traders.