Research >> Economics
Consumer Credit Increased at an annual rate of 6.25% in December
In 2019, consumer credit increased 4-3/4 percent, with revolving and nonrevolving credit increasing 4-1/4 percent and 4-3/4 percent, respectively. Consumer credit increased at a seasonally adjusted annual rate of 5 percent in the fourth quarter and at a rate of 6-1/4 percent in December.
Posted: February 7, 2020 Friday 03:00 PM