Tag Archive for ‘auto sales’

Consumer Credit Expands

Consumer credit outstanding grew by a seasonally adjusted annual rate of 4.8%, $167.4 billion, in the month of November 2015, 0.6 percentage point slower than the 5.4% rate of growth recorded in October 2015. Consumer credit outstanding now totals $3.526 trillion. The increase in total consumer credit outstanding partly reflected an expansion in the outstanding amount of revolving consumer credit. Revolving credit,… Read More ›