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Economy

Economic Data (USA)

Friday, October 05, 2007

Consumer Credit Status Report for August, 2007 Released Today

The Consumer Credit status report for August, 2007 was released by the Fed earlier this afternoon:

Actual: +$12,200,000,000 (+5.9%)

The above figures represent the seasonally adjusted, month-to-month change in total outstanding, installment-based consumer credit; includes car loans and credit cards, but does not include real estate-secured loans, like mortgages.

Total Outstanding Consumer Debt in August: $2,471,800,000,000

Click here to view the full Federal Reserve report.

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