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Economy

Economic Data (USA)

Friday, May 06, 2016

Consumer Credit Status Report for March 2016 and Q1:2016

The Consumer Credit Status Report for March, 2016, and for the first quarter of 2016, was released by the Federal Reserve earlier this afternoon:

Total (preliminary): +10.0%

Revolving (preliminary): +14.2%

Nonrevolving (preliminary): +8.5%

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

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Previous Month Total (revised): +4.8%

Q1, 2016 (preliminary): +6.4% 

Total Outstanding Consumer Credit (preliminary): $3,592,300,000,000

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Click here to view the full Consumer Credit report.

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