U.S. | Revolving consumer credit growth hits post-crisis high in February
Published on Thursday, April 7, 2016 | Updated on Friday, April 8, 2016
U.S. | Revolving consumer credit growth hits post-crisis high in February
Summary
Consumer credit increased more than expected, while the January figure was revised upward. Revolving credit was 5.7% higher year-on-year, the most since August 2008. Consumer credit growth is expected to remain solid with higher growth rates for revolving credit 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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