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Economy

Economic Data (USA)

Friday, July 08, 2016

Consumer Credit Status Report for May 2016

The Consumer Credit Status Report for May, 2016 was released by the Federal Reserve earlier this afternoon:

Total (preliminary): +6.2%

Revolving (preliminary): +3.0%

Nonrevolving (preliminary): +7.3%

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): +4.5%

Previous Month Revolving (revised): +1.7%

Previous Month Nonrevolving (revised): +5.5%

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Q1, 2016 (revised): +6.4% 

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Total Outstanding Consumer Credit (preliminary): $3,623,700,000,000

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Click here to view the full Consumer Credit report.


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