Keeping you up to date on the latest data releases.
- Consumer Credit
In December, outstanding consumer credit increased at a seasonally-adjusted annualized rate of 7.3 percent, compared to the 4.8 percent increase in November. Revolving credit grew 7.0 percent in December, compared to the 0.7 percent increase in November. Nonrevolving credit, which mainly reflects student and auto loans, increased 7.4 percent for the month, rising $13.7 billion after a revised increase of $12.0 billion in the previous month.