Tag Archives: consumer credit

Consumer Credit Growth Slowed in April

Consumer credit increased at a seasonally adjusted annual rate of 2.9 percent in April, down from a 3.8 percent rate in March. This was the slowest pace in seven months. Total outstanding credit increased $9.2 billion during the month (compared with $12.3 billion in March) to $3.88 trillion. Revolving credit, largely a reflection of credit card debt, increased at an ...

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Consumer Credit Growth Slowed in March

Consumer credit increased at a seasonally adjusted annual rate of 3.6% in March, down from a 4.3% rate in February. Total outstanding credit increased $11.7 billion during the month (compared with $13.6 billion in February) to $3.87 trillion. Revolving credit, largely a reflection of credit card debt, declined at an annual rate of 3.0% to $1.03 trillion, compared to a ...

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Consumer Credit Growth Slowed in February

Consumer credit increased at a seasonally adjusted annual rate of 3.3% in February, down from a 4.9% rate in January. Total outstanding credit increased $10.6 billion during the month (compared with $15.6 billion in January) to $3.87 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 0.2% to $1.03 trillion, compared to a ...

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Consumer Credit Growth Continued in January

Consumer credit increased at a seasonally adjusted annual rate of 4.3% in January, down from a 6.0% rate in December. Total outstanding credit increased $13.9 billion during the month (compared with $19.2 billion in December) to $3.86 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 0.8% to $1.03 trillion, compared to a ...

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Consumer Credit Growth Continued in December

Consumer credit increased at a seasonally adjusted annual rate of 5.8% in December, down from a 9.8% rate in November. Total outstanding credit increased $18.4 billion during the month (compared with $31.0 billion in November) to $3.84 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 6.0% to $1.03 trillion, compared to a ...

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Consumer Credit Growth Accelerates in November

Consumer credit increased at a seasonally adjusted annual rate of 8.8% in November, up from a 6.5% rate in October. Total outstanding credit increased $27.9 billion during the month (compared with $20.6 billion in October) to $3.83 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 13.3% to $1.02 trillion, compared to a ...

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Consumer Credit Growth Surges in October

Consumer credit increased at a seasonally adjusted annual rate of 6.5% in October, up from a 6.1% rate in September. Total outstanding credit increased $20.5 billion during the month (compared with $19.2 billion in September) to $3.80 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 9.9% to $1.01 trillion, compared to a ...

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Consumer Credit Growth Accelerates in September

Consumer credit increased at a seasonally adjusted annual rate of 6.6% in September, up from a 4.2% rate in August. Total outstanding credit increased $20.8 billion during the month (compared with $13.1 billion in August) to $3.79 trillion. September’s report was the largest increase since November 2016. Revolving credit, largely a reflection of credit card debt, grew at an annual ...

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