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United States Consumer Credit Change

Discussion in 'Market News' started by Jonathan, Oct 10, 2015.

  1. Jonathan

    Jonathan Forum Member

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    Consumer borrowing in the US increased by $16.02 Billion in August, below market expectations but bringing the total to a fresh record of $3.47 trillion. Car and student loans rose by $12 billion while credit cards borrowing grew by $4 billion. Consumer Credit in the United States averaged 4.38 USD Billion from 1950 until 2015, reaching an all time high of 115 USD Billion in December of 2010 and a record low of -18 USD Billion in June of 2009. Consumer Credit in the United States is reported by the Federal Reserve. In the United States, Consumer Credit refers to outstanding credit flows extended to individuals for household, family, and other personal expenditures, excluding loans secured by real estate. This page provides the latest reported value for - United States Consumer Credit Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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