Outstanding Consumer Credit Fell 5.6% In February

Outstanding consumer credit fell annualized 5.6% in February following a annualized 2.4% increase in January. January increase in consumer credit ended a 15 month long negative streak, February reading marked a return to falling consumer credit trend.

Chart 1. Consumer Credit

Source: FED

This entry was posted on Thursday, April 8th, 2010 at 3:31 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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