Browsing: Consumer credit

Economy Consumer Credit Continues Growth in January

Consumer credit increased at a seasonally adjusted annual rate of 5 percent in January. Total outstanding credit increased $17.0 billion during the month to $4.034 trillion. Revolving credit, largely a reflection of credit card debt, increased at an annual rate of 3.0 percent to $1.06 trillion, following a 1.2 percent increase in December. Non-revolving credit

Economy

Consumer credit increased at a seasonally adjusted annual rate of 6-1/2 percent in the fourth quarter and 5.0 percent in December. Total outstanding credit increased $16.5 billion during the month to $4.010 trillion. Revolving credit, largely a reflection of credit card debt, increased at an annual rate of 2.0 percent to $1.04 trillion, following a

Economy

Consumer credit increased at a seasonally adjusted annual rate of 6.7 percent in November, down from a downwardly revised 7.6 percent rate in October. Total outstanding credit increased $22.2 billion during the month (compared with $25.4 billion in October) to $3.979 trillion. Revolving credit, largely a reflection of credit card debt, increased at an annual

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