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Monday, October 07, 2013

U.S. consumer credit grows 5.4% in August

http://www.marketwatch.com/story/us-consumer-credit-grows-54-in-august-2013-10-07?link=MW_home_latest_news 

U.S. consumer credit grew at 5.4%, or an annualized $13.63 billion, in August, the Federal Reserve said Monday. Revolving debt like credit cards fell 1.25%, while nonrevolving debt like auto and student loans rose 8%. There's $3.04 trillion in outstanding consumer credit.

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