Historical Year Data · 2016
Non-Revolving Consumer Credit in 2016
Non-Revolving Consumer Credit opened 2016 at $2516B and closed at $2676B, a +6.37% move for the year. The high of $2676B was reached on December 1, and the low of $2516B on January 1.
Open
$2516B
2016-01
Close
$2676B
12 data points
High
$2676B
Dec 1
Low
$2516B
Jan 1
Full Year Change
+6.37%
2015 Change
+2.59%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $2516B | $2516B | $2516B | $2516B | +0.00% |
| Feb | $2531B | $2531B | $2531B | $2531B | +0.00% |
| Mar | $2547B | $2547B | $2547B | $2547B | +0.00% |
| Apr | $2562B | $2562B | $2562B | $2562B | +0.00% |
| May | $2577B | $2577B | $2577B | $2577B | +0.00% |
| Jun | $2589B | $2589B | $2589B | $2589B | +0.00% |
| Jul | $2603B | $2603B | $2603B | $2603B | +0.00% |
| Aug | $2620B | $2620B | $2620B | $2620B | +0.00% |
| Sep | $2637B | $2637B | $2637B | $2637B | +0.00% |
| Oct | $2652B | $2652B | $2652B | $2652B | +0.00% |
| Nov | $2664B | $2664B | $2664B | $2664B | +0.00% |
| Dec | $2676B | $2676B | $2676B | $2676B | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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