Research >> Economics
Consumer Credit Increased at an annual rate of 1.75% in March
Consumer credit increased at a seasonally adjusted annual rate of 1-3/4 percent during the first quarter. Revolving credit decreased at an annual rate of 10-1/4 percent, while nonrevolving credit increased at an annual rate of 6 percent. In March, revolving credit decreased at an annual rate of 31 percent, while nonrevolving credit increased at an annual rate of 6-1/4 percent.
Posted: May 7, 2020 Thursday 03:00 PM