Keeping you up to date on the latest data releases.
- Consumer Credit
In October, outstanding consumer credit increased at a seasonally-adjusted annualized rate of 7.1 percent, beating the revised September increase of 6.4 percent. Revolving credit grew 6.1 percent in October, compared to a 0.3 percent decline in September. Nonrevolving credit, which mainly reflects student and auto loans, increased 7.5 percent for the month, rising $13.9 billion after a revised increase of $16.3 billion in the previous month.