ABA Credit Conditions Index

Credit Conditions Index: Latest Reading

In the fourth quarter:

• The Headline Credit Index increased 28.2 points in Q4 to 56.9, the highest reading since 2022 and the fourth consecutive quarter of improvement. The above-50 reading indicates that overall credit conditions are expected to strengthen over the next six months, driven by improved readings for both consumer and business credit.
• The Consumer Credit Index improved 35.8 points to 58.3 in Q4. For the first time since late 2021, more than half of bank economists expect consumer credit availability to improve over the next six months. Moreover, the share of respondents expecting credit quality to deteriorate fell from 80% to 44%, while the share expecting credit quality to improve rose from 0% to 22%. The 36-point jump represents the second-largest quarterly gain in more than two decades.
• The Business Credit Index improved 20.6 points in Q4 to 55.6. Most bank economists expect both business credit quality and availability to remain steady over the next two quarters. Recent movement in the index is encouraging, and the above-50 reading points to strengthening credit conditions for businesses over the next six months.

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Past Reports

• 3Q 2024
• 2Q 2024
• 1Q 2024
• 4Q 2023
• 3Q 2023
• 2Q 2023
• 1Q 2023
• 4Q 2022
• 3Q 2022
• 2Q 2022
• 1Q 2022
• 4Q 2021
• 3Q 2021
• 2Q 2021
• 1Q 2021