- Consumer credit in the U.S. climbs by $16.1 billion in May
Market news
9 July 2015
Consumer credit in the U.S. climbs by $16.1 billion in May
The Fed released its consumer credits figures on Wednesday. Consumer credit in the U.S. rose by $16.1 billion in May, after a $21.4 billion gain April.
April's figure was revised down from a $20.54 billion rise.
The increase was driven by a gain in non-revolving credit. Revolving credit climbed by $14.5 billion in May, while non-revolving credit rose by $1.6 billion.
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