Historical Year Data · 2023
Non-Revolving Consumer Credit in 2023
Non-Revolving Consumer Credit opened 2023 at $3673B and closed at $3689B, a +0.44% move for the year. The high of $3703B was reached on July 1, and the low of $3673B on January 1.
Open
$3673B
2023-01
Close
$3689B
12 data points
High
$3703B
Jul 1
Low
$3673B
Jan 1
Full Year Change
+0.44%
2022 Change
+5.23%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $3673B | $3673B | $3673B | $3673B | +0.00% |
| Feb | $3680B | $3680B | $3680B | $3680B | +0.00% |
| Mar | $3687B | $3687B | $3687B | $3687B | +0.00% |
| Apr | $3687B | $3687B | $3687B | $3687B | +0.00% |
| May | $3685B | $3685B | $3685B | $3685B | +0.00% |
| Jun | $3703B | $3703B | $3703B | $3703B | +0.00% |
| Jul | $3703B | $3703B | $3703B | $3703B | +0.00% |
| Aug | $3674B | $3674B | $3674B | $3674B | +0.00% |
| Sep | $3678B | $3678B | $3678B | $3678B | +0.00% |
| Oct | $3685B | $3685B | $3685B | $3685B | +0.00% |
| Nov | $3690B | $3690B | $3690B | $3690B | +0.00% |
| Dec | $3689B | $3689B | $3689B | $3689B | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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