Updated: 06-Jun-25 18:21 ET
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Updated: 06-Jun-25 18:21 ET |
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Highlights
- Consumer credit increased by $17.9 billion in April (Briefing.com consensus: $10.3 billion) following a downwardly revised $3.4 billion decline (from $10.2 billion) in March.
Key Factors
- Revolving credit increased by $7.7 billion to $1.321 trln.
- Nonrevolving credit increased by $10.2 billion to $3.689 trln.
Big Picture
- In April, consumer credit increased at a seasonally adjusted annual rate of 4.3 percent. Revolving credit increased at an annual rate of 7 percent, while nonrevolving credit increased at an annual rate of 3.3 percent.
Category |
APR |
MAR |
FEB |
JAN |
DEC |
Total Credit |
$17.9B |
-$3.4B |
-$0.9B |
$9.0B |
-$110.5B |
Revolving |
$7.6B |
-$10.2B |
$0.4B |
$6.6B |
-$41.7B |
Nonrevolving |
$10.2B |
$6.8B |
-$1.3B |
$2.3B |
-$68.8B |