Keeping you up to date on the latest data releases.
- Consumer Credit
In August, outstanding consumer credit increased at a seasonally-adjusted annualized rate of 5.4 percent, outpacing July’s increase of 4.1 percent. Revolving credit growth fell −1.2 percent in August, compared to a −2.6 percent decline in July. Nonrevolving credit, which mainly reflects student and auto loans, increased 8.0 percent in August, rising $14.5 billion after an increase of $12.3 billion in the previous month.