Research >> Economics
Consumer Credit Increased at an annual rate of 0.4% in December 2023
In 2023, consumer credit increased 2.4 percent, with revolving and nonrevolving credit increasing 8.4 percent and 0.4 percent, respectively. During the fourth quarter, consumer credit increased at a seasonally adjusted annual rate of 2.6 percent, while in December it increased at a seasonally adjusted annual rate of 0.4 percent.
Posted: February 7, 2024 Wednesday 03:00 PM