Research >> Economics
Consumer Credit Increased at an annual rate of 7.25%
Consumer credit increased at a seasonally adjusted annual rate of 5-3/4 percent during the fourth quarter. Revolving credit increased at an annual rate of 5-1/4 percent, while nonrevolving credit increased at a seasonally adjusted rate of 6 percent. In December, consumer credit increased at an annual rate of 7-1/4 percent.
Posted: February 5, 2016 Friday 03:00 PM