U.S. Consumer Credit: Monthly Situation Report

Summary

• Total outstanding consumer credit rose $17.5B (seasonally-adjusted) in March, the largest gain since February 2013. Non-revolving credit continues to trend upward, increasing $16.4B on a seasonally-adjusted basis, and has now accelerated for four consecutive months • Revolving credit increased by $1.1B on a seasonally adjusted basis due to an increase in credit card and auto loans as consumers shook off the effect of the winter. Non-seasonally-adjusted data, however, show a markedly different story, with revolving credit down $6.0B

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