Consumer Credit Growth Unexpectedly Crashes
A big and unexpected tightening of credit in May.
consumer credit
US Consumer Borrowing Rises Slightly
Credit growth still looks healthy. No sign of panic reliance on credit yet.
Glum U.S. Households Sent Consumer Credit Growth Plunging in January
Consumer credit is closely watched by economists because expansions of consumer credit tend to lead to expansions of overall economic activity.
Maxed Out? Consumer Credit Expands Much Less Than Expected
An indication that the Delta variant may have depressed consumer spending more than expected.
Cautious American Consumers Cut Back Use of Credit Cards in April
The contraction of credit card debt in April is a warning sign that the rebound may be less vigorous than expected.
Consumer Credit Unexpectedly Hits the Skids As Pandemic Surges
A steep drop in credit card use in October signals concern about the economy.
Consumer Borrowing Sank While Spending Grew in May
The unusual combination of falling consumer debt use and rising spending is likely a reflection of Trump administration coronavirus relief programs.
Let the Good Times Roll: Consumer Credit Expands More Than Forecast
The latest data suggests that the Trump economic expansion is still running strong.
