Consumer Credit Grew at 10.0 Percent (SAAR) in September
Consumer credit increased in September at a seasonally adjusted annual rate of 10.0 percent, rising to $3.50 trillion. Revolving credit rose at an annual rate of 8.7 percent to $925 billion, and non-revolving credit increased at an annual rate of 10.5 percent to $2.57 trillion. Total outstanding consumer credit increased $28.9 billion, up from August’s