Research >> Economics
Consumer Credit Increased at an annual rate of 8.8% in June
Consumer credit increased at a seasonally adjusted annual rate of 8.8 percent during the second quarter. Revolving credit increased at an annual rate of 10.7 percent, while nonrevolving credit increased at an annual rate of 8.3 percent. In June, revolving credit increased at an annual rate of 22 percent, while nonrevolving credit increased at an annual rate of 7.2 percent.
Posted: August 6, 2021 Friday 03:00 PM