Research >> Economics
Consumer Credit Increased at an annual rate of 2.9% in December 2022
In 2022, consumer credit increased 7.8 percent, with revolving and nonrevolving credit increasing 14.8 percent and 5.6 percent, respectively. During the fourth quarter, consumer credit increased at a seasonally adjusted annual rate of 6.5 percent, while in December it increased at a seasonally adjusted annual rate of 2.9 percent.
Posted: February 7, 2023 Tuesday 03:00 PM