Total consumer credit slowed to a gain of $13.1 billion, after a $17.7 billion jump in the prior month, Credit growth was up at a 4.2% annual pace in the month, down from a 5.7% pace in July. For all of 2016, consumer borrowing rose at a 6.7% rate.
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Showing posts with label credit growth. Show all posts
Showing posts with label credit growth. Show all posts
Friday, October 6, 2017
August consumer credit use slowed from July, but YTD borrowing up 6.7 percent
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