The source defines, related to supplier, the economic activity that is supported in the US economy from the purchases of goods and services by businesses receiving private credit. It also defines, related to consumer spending, the consumer spending of workers attributable to private credit, both at US companies receiving private credit as well as their suppliers, which supports additional economic activity in the US economy.
The total economic contribution of private credit consists of the portion of the operations of companies in the United States supported by receiving private credit financing, as well as the economic activity supported at suppliers to these companies and by related consumer spending.
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Total economic impact of private credit in the U.S. 2024, by state
In the United States, the economic activity of the private credit sector, related to suppliers and related to consumer spending, contributed with *** billions U.S. dollars to the country's gross domestic product (GDP) and generated almost *** million jobs, earning *** billions U.S. dollars in wages and benefits in 2024.
**, and *** were the states with the highest employment figures, wages, and GPD from private credit-related economic activity.
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American Investment Council. (May 31, 2025). Total economic activity supported by private credit in the United States in 2024, by state [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/1469940/total-economic-impact-of-private-credit-usa-by-state/
American Investment Council. "Total economic activity supported by private credit in the United States in 2024, by state." Chart. May 31, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/1469940/total-economic-impact-of-private-credit-usa-by-state/
American Investment Council. (2025). Total economic activity supported by private credit in the United States in 2024, by state. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/1469940/total-economic-impact-of-private-credit-usa-by-state/
American Investment Council. "Total Economic Activity Supported by Private Credit in The United States in 2024, by State." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 31 May 2025, /statistics/1469940/total-economic-impact-of-private-credit-usa-by-state/
American Investment Council, Total economic activity supported by private credit in the United States in 2024, by state ÌÇÐÄÆƽâ°æ, /statistics/1469940/total-economic-impact-of-private-credit-usa-by-state/ (last visited August 03, 2026)
Total economic activity supported by private credit in the United States in 2024, by state [Graph], American Investment Council, May 31, 2025. [Online]. Available: /statistics/1469940/total-economic-impact-of-private-credit-usa-by-state/
