The Housing Chronicles Blog: March consumer credit use grew at 3.6 percent, slowest gain since September

Wednesday, May 9, 2018

March consumer credit use grew at 3.6 percent, slowest gain since September

Consumer credit in March grew at a seasonally adjusted annual rate of 3.6 percent to mark the slowest gain since September. Nonrevolving credit such as student and auto loans grew 6 percent, while revolving credit, namely credit cards, fell 3 percent, marking the second drop in a row.

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