Browsing: Consumer credit

Economy

Consumer credit increased in August at a seasonally adjusted annual rate of 5.6 percent, rising to $3.47 trillion. Revolving credit rose at an annual rate of 5.3 percent to $918 billion, and non-revolving credit increased at an annual rate of 5.7 percent to $2.55 trillion. Total outstanding consumer credit increased by $16.0 billion, down from

Economy

Consumer credit increased in July at a seasonally adjusted annual rate of 6.7 percent, rising to $3.45 trillion. Revolving credit rose at an annual rate of 5.7 percent to $915 billion, and non-revolving credit increased at an annual rate of 7.0 percent to $2.54 trillion. Total outstanding consumer credit increased by $19.1 billion, down from

Economy

Consumer credit increased to a seasonally adjusted annual rate (SAAR) of 7.3 percent in June to $3.42 trillion. Revolving credit rose at an annual rate of 7.4 to $906 billion, and non-revolving credit increased at an annual rate of 7.3 percent to $2.51 trillion. Total outstanding consumer credit increased by $20.7 billion, up from the

Economy

Individuals who have applied for credit are reporting higher approval rates, according to the Federal Reserve Bank of New York’s latest Credit Access Survey released today, which gauges consumers’ experiences and expectations regarding credit over the previous year. The results show that the share of applicants who received credit in the past 12 months rose

Economy

Consumer credit increased at a seasonally adjusted annual rate (SAAR) of 7.3 percent in April to $3.38 trillion. Revolving credit rose at an annual rate of 11.6 percent (to $900 billion) and non-revolving credit increased at an annual rate of 5.8 percent ($2.49 trillion).

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