WASHINGTON - James August isn't the most famous person at the Federal Reserve Board. The number-cruncher toils away on the fourth floor of the central bank's main building, far removed from the center stage the Fed's governors and leading researchers regularly grab.

But once a month the spotlight is reserved for Mr. August and his consumer installment credit data.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.