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Monday, May 8, 2017

Consumer Credit Growth Strong in March

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Consumer credit increased at a seasonally adjusted annual rate of 5.2% in March, up from a revised 4.4% rate in February. Total outstanding credit increased $16.4 billion during the month (compared with $13.8 billion in February) to $3.81 trillion. Revolving credit grew at an annual rate of 2.4% to $1.0 trillion, compared to a 2.0% …

May 08, 2017 at 10:24PM

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from Stephen Newton

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