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%
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Previous Month Total^: -20.0%
Previous Month Revolving^: -64.8%
Previous Month Nonrevolving^: -4.6%
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Total Outstanding Consumer Credit (preliminary): $4,122,900,000,000
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Total*: -5.3%
Revolving* (e.g. credit cards): -28.6%
Nonrevolving* (e.g. auto / student loans): +2.3%
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Previous Month Total^: -20.0%
Previous Month Revolving^: -64.8%
Previous Month Nonrevolving^: -4.6%
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Total Outstanding Consumer Credit (preliminary): $4,122,900,000,000
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* = Preliminary Data
^ = Revised Data
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^ = Revised Data
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Labels: consumer_credit, Credit, Debt, Federal_Reserve, Lending, Loans, Money, Nonrevolving_Credit, Revolving_Credit
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posted by Steve Brown | 7/08/2020 04:57:00 PM
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