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Thursday, June 8, 2017

Consumer Credit Growth Slowed in April

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Consumer credit increased at a seasonally adjusted annual rate of 2.6% in April, down from a revised 6.2% rate in March. Total outstanding credit increased $8.1 billion during the month (compared with $19.6 billion in March) to $3.82 trillion. Revolving credit grew at an annual rate of 1.8% to $1.0 trillion, compared to a 6.5% …

June 08, 2017 at 02:04AM

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from Stephen Newton

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