Research >> Economics
Consumer Credit Increased at an annual rate of 7.75%
Consumer credit increased at a seasonally adjusted annual rate of 7-3/4 percent during the second quarter. Revolving credit increased at an annual rate of 5-1/2 percent, while nonrevolving credit increased at an annual rate of 8-3/4 percent. In June, consumer credit increased at an annual rate of 6-1/2 percent.
Posted: August 7, 2014 Thursday 03:00 PM