US May consumer credit outstanding rises by $5.1B vs +$11.0B expected

U.S. consumer credit swells less than expected in May

US Consumer Debt Rises at Slower Pace on Drop in Card Balances

US consumer borrowing increased in May at the slowest pace in three months on a pullback in credit card and other revolving debt outstanding.

US May consumer credit outstanding rises by $5.1B vs +$11.0B expected

The latest consumer credit data

Federal Reserve Removes Nonfinancial Business Sector Data from Consumer Credit Reports - Economy Watch

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Federal Reserve announced that it will discontinue reporting data from the nonfinancial business sector in its G.19 Consumer Credit Statistical Release, effective immediately. This change reflects the sector’s diminished role in issuing consumer credit, as the landscape of consumer lending has evolved significan…