Tag Archive for ‘consumer credit’

Open-Ended Credit Slowly Recovers in July

The Federal Reserve’s latest G.19 Consumer Credit Report shows trends in consumer credit, excluding loans secured by real estate, through July 2020. Consumer credit increased at a seasonally adjusted annual rate of 2.6% from the previous month, with revolving debt1 decreasing by slightly less than 0.5% and nonrevolving debt2 increasing by 4.8 percent. Consumer credit totaled $4.1 trillion on a… Read More ›

Nonrevolving Debt Fuels June Consumer Credit

The Federal Reserve’s latest G.19 Consumer Credit Report shows trends in consumer credit, excluding loans secured by real estate, through June 2020. In June, consumer credit increased at a seasonally adjusted annual rate of 2.6% from the previous month, with revolving debt1 decreasing by 2.8% and nonrevolving debt2 increasing by 4.3 percent. Consumer credit totaled $4.1 trillion on a seasonally… Read More ›

Total Consumer Credit in May Decreases

The Federal Reserve’s latest G.19 Consumer Credit Report shows trends in consumer credit, excluding loans secured by real estate, through May 2020. In May, consumer credit decreased at a seasonally adjusted annual rate of 5.3% from the previous month, with revolving debt1 decreasing by 28.6% and nonrevolving debt2 increasing by 2.3 percent. Consumer credit totaled $4.1 trillion on a seasonally… Read More ›

April Consumer Credit Indicates Recovery Challenges

The Federal Reserve’s latest G.19 Consumer Credit Report shows trends in consumer credit, excluding loans secured by real estate, through April 2020. In April, consumer credit decreased at a seasonally adjusted annual rate of 19.6% from the previous month, with revolving debt1 decreasing by 64.9% and nonrevolving debt2 decreasing by 4.0 percent. Consumer credit totaled $4.1 trillion on a seasonally… Read More ›

Consumer Credit Posts Small Gains in First Quarter

The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through March 2020. In March, consumer credit decreased at a seasonally adjusted annual rate of 3.4% from the previous month, with revolving debt1 decreasing by 30.9% and nonrevolving debt2 increasing by 6.2 percent. Consumer credit totaled $4.2 trillion on a… Read More ›

Closed-Ended Credit Surged in February

The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through February 2020. In February, consumer credit increased at a seasonally adjusted annual rate of 6.4% from the previous month, with revolving debt1 increasing by 4.6% and nonrevolving debt2 increasing by 7 percent. Consumer credit totaled $4.2 trillion on a… Read More ›

Student Loan Debt Spikes in January

The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through January 2019. In January, consumer credit increased at a seasonally adjusted annual rate of 3.5% from the previous month, with revolving debt1 decreasing by 3.3% and nonrevolving debt2 increasing by 5.8 percent. Consumer credit totaled $4.2 trillion on a… Read More ›

Consumer Credit Expanded in 2019

The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through December 2019. In 2019, consumer credit increased 4.8 percent, with revolving and nonrevolving credit increasing 4.3 percent and 4.8 percent, respectively. In December, consumer credit increased at a seasonally adjusted annual rate of 6 percent from the previous month,… Read More ›

Consumer Credit Continues to Expand

The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through November 2019. In November, consumer credit increased at a seasonally adjusted annual rate of 3.6 percent from the previous month, with revolving debt1 decreasing by 2.7 percent and non-revolving debt2 increasing by 5.8 percent. Consumer credit totaled $4.2 trillion… Read More ›

Revolving Debt Expands in October

The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through October 2019. In October, consumer credit increased at a seasonally adjusted annual rate of 5.5 percent from the previous month, with revolving debt1 increasing by 8.8 percent and nonrevolving debt2 increasing by 4.3 percent. Consumer credit totaled $4.2 trillion… Read More ›