Research >> Economics
Consumer Credit Increased at an annual rate of 2.50% in June
Consumer credit decreased at a seasonally adjusted annual rate of 6-3/4 percent during the second quarter. Revolving credit decreased at an annual rate of 31-3/4 percent, while nonrevolving credit increased at an annual rate of 2 percent. In June, revolving credit decreased at an annual rate of 2-3/4 percent, while nonrevolving credit increased at an annual rate of 4-1/4 percent. For June, consumer credit increased at a seasonally adjusted annual rate of 2-1/2 percent.
Posted: August 7, 2020 Friday 03:00 PM