Historical Year Data · 2016
Total Consumer Credit in 2016
Total Consumer Credit opened 2016 at $3420B and closed at $3636B, a +6.34% move for the year. The high of $3636B was reached on December 1, and the low of $3420B on January 1.
Open
$3420B
2016-01
Close
$3636B
12 data points
High
$3636B
Dec 1
Low
$3420B
Jan 1
Full Year Change
+6.34%
2015 Change
+2.42%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $3420B | $3420B | $3420B | $3420B | +0.00% |
| Feb | $3439B | $3439B | $3439B | $3439B | +0.00% |
| Mar | $3466B | $3466B | $3466B | $3466B | +0.00% |
| Apr | $3486B | $3486B | $3486B | $3486B | +0.00% |
| May | $3504B | $3504B | $3504B | $3504B | +0.00% |
| Jun | $3524B | $3524B | $3524B | $3524B | +0.00% |
| Jul | $3543B | $3543B | $3543B | $3543B | +0.00% |
| Aug | $3565B | $3565B | $3565B | $3565B | +0.00% |
| Sep | $3586B | $3586B | $3586B | $3586B | +0.00% |
| Oct | $3601B | $3601B | $3601B | $3601B | +0.00% |
| Nov | $3618B | $3618B | $3618B | $3618B | +0.00% |
| Dec | $3636B | $3636B | $3636B | $3636B | +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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