Research >> Economics
Consumer credit decreased at an annual rate of 5.0%
Consumer credit decreased at an annual rate of 5-1/4 percent in the second quarter. Revolving credit decreased at an annual rate of 8-1/4 percent, and nonrevolving credit decreased at an annual rate of 3-1/2 percent. In June, consumer credit decreased at an annual rate of 5 percent.
Posted: August 7, 2009 Friday 03:00 PM