Consumer Credit Continues to Expand

The Federal Reserve's latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through November 2019. In November, consumer credit increased at a seasonally adjusted annual rate of 3.6 percent from the previous month, with revolving debt1 decreasing by 2.7 percent and non-revolving debt2 increasing by 5.8 percent. Consumer credit totaled $4.2 trillion... Read More ›...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2tJnDFL
via IFTTT