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Updated :
The next Z.1 Release date is Thursday September 18, 2008; at 12:00 noon.
On May 29, 2008, the Federal Reserve Board will release revisions to the values of seasonally adjusted and not seasonally adjusted commercial paper outstanding levels based on updated issuer information. The revisions affect weekly and monthly outstanding data from January 2001 to May 2008 as well as year-end values and maturity distribution of outstanding commercial paper.
The adoption by some banks of FAS 159, The Fair Value Option for Financial Assets and Financial Liabilities, affected charge-off and delinquency rate data for 2008:1. Because the effects of the accounting change on the dollar volume of loans reported on banks' loan books were small, the effects of the accounting change on banks' charge-off and delinquency rates were presumably small for the industry as a whole. Information on the dollar impacts on banks' loan books can be found on page 14 in the "Notes on the Data" section beginning with the April 11, H.8, Assets and Liabilities of Commercial Bank in the United States, statistical release. For more information on FAS 159, please refer to www.fasb.org/st/summary/stsum159.shtml.
April 1, 2008: Beginning with the release of March 2008 data in the Federal Reserve's monthly G.17 Statistical Release, monthly releases will be based on a six-month reporting window: One month of new data will be reported, and the previous five months of data will be revised. For example, the monthly release to be issued on April 16, 2008 will include new data for March and revised data for October 2007 through February 2008. Previously, the monthly releases were issued with a four-month reporting window, which covered one month of new data and revisions to the previous three months of data.
March 28, 2008: The Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization.
The next Z.1 Release date is Thursday June 5, 2008; at 12:00 noon.
Charge-off rates for credit cards and other consumer loans were revised to correct a computational error. The revision affects the credit card and consumer loan charge-off rates from 2001 to 2007.
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