Keeping you up to date on the latest data releases.
- Consumer Credit
In October, total consumer credit increased at a seasonally-adjusted annual rate of 6.2 percent to bring total credit outstanding to $2,753.5 billion. Revolving credit increased at an annual rate of 4.7 percent, while nonrevolving credit increased at an annual rate of 6.9 percent. Revisions to preliminary numbers show that total consumer credit rose in September by 5.4 percent rather than 5 percent, an upward revision to the drop in revolving credit (to −3.1 percent from −4.1 percent) caused this change.