U.S. | Consumer credit breaks records in March
Published on Friday, May 6, 2016
U.S. | Consumer credit breaks records in March
Summary
Consumer credit increased $29.7 billion MoM – the highest rate in more than 5 years. Revolving credit was 6.2% higher YoY, whereas nonrevolving was up 6.8%. Consumer credit growth is expected to remain solid with higher growth rates for revolving and lower for nonrevolving credit compared to last year
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Banks
Authors
Filip Blazheski
Documents and files
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