Consumer Credit – July 2008

Consumer Credit At a Glance

Total outstanding consumer credit: $2572.3 billion
Total rate of change: 2%
Revolving rate of change: 4.75%
Non-revolving rate of change: 0.5%

Technorati Tags: consumer credit, Federal Reserve

Consumer credit increased at an annual rate of 2 percent in July. Revolving credit rose at an annual rate of 4-3/4 percent, and nonrevolving credit rose at an annual rate of 1/2 percent.

Consumer Credit – July 2008 [PDF]

Consumer Credit – July 2008 [Text]

Source: Federal Reserve Board

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