Consumer credit in the U.S. increases by $15.98 billion in October

Market news

8 December 2015

Consumer credit in the U.S. increases by $15.98 billion in October

The Fed released its consumer credits figures on Monday. Consumer credit in the U.S. rose by $15.98 billion in October, missing expectations for a $20.7 billion increase, after a $28.57 billion gain September. September's figure was revised down from a $28.92 billion rise.

The increase was driven by gains in non-revolving credit. Revolving credit climbed by $0.18 billion in October, while non-revolving credit jumped by $15.8 billion.

United Kingdom: Industrial Production (YoY), October 1.7% (forecast 1.2%)

The Conference Board’s Employment Trends Index (ETI) for the U.S. declines to 128.69 in November

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