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Tuesday, June 07, 2016

U.S. April consumer credit up $13.4 billion vs revised $28.4 billion rise in March

  • Revolving credit rose 1.6B to 951.5b. This was the smallest gain in 3 months
  • Non revolving credit rose 11.8 billion to $2.650 trillion
  • nonrevolving lending to consumers by the federal government (mainly student loans) rose to $989.6 billion
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