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Economic Data (USA)

Wednesday, July 08, 2020

Consumer Credit Status Report - May 2020

The Consumer Credit Status Report for May, 2020 was released by the Federal Reserve earlier this afternoon:

Total*: -5.3%

Revolving* (e.g. credit cards): -28.6%

Nonrevolving* (e.g. auto / student loans): +2.3%


Previous Month Total^: -20.0%

Previous Month Revolving^: -64.8%

Previous Month Nonrevolving^: -4.6%


Total Outstanding Consumer Credit (preliminary): $4,122,900,000,000



     * = Preliminary Data

^ = Revised Data


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