A monthly report showing rate of change in credit-based consumer spending. The report reflects the annualized, seasonally adjusted rate of change for revolving (credit cards) and non-revolving (automobile loans and education) debt, excluding real estate-secured loans. The Consumer Credit report is of limited interest to investors because much of the information in it hits the markets from other sources before the data covering a period two months earlier are released by the Federal Reserve on the fifth business day of the month.