Consumer Credit Increases in January 2019

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On a seasonally adjusted, annual basis, the latest data from the Federal Reserve Board’s G.19 Consumer Credit report show that all non-mortgage consumer credit, increased at 5% in January 2019 from the previous month, of which revolving1 and nonrevolving debt2 increased 2.9% and 5.9%, respectively. As of January 2019, consumer credit totaled $4.0 trillion, $1.1 trillion of which was revolving… Read More ›

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