Keeping you up to date on the latest data releases.
- Consumer Credit
Total consumer credit outstanding rose for the seventh consecutive month in April, increasing 0.26 percent. The improvement follows a downwardly revised increase of 0.20 percent in March. On a year-over-year basis, total consumer credit outstanding increased for the first time since March 2009, rising 0.55 percent. The improvement in consumer credit outstanding was driven by continued growth in non-revolving accounts, which rose 0.44 percent in April. Revolving accounts declined 0.13 percent in April after increasing 0.01 percent increase in March.