US consumer credit $16.431B vs est $14.000B

Last month revised lower to $13.748B vs $15.206B

The US consumer credit came in at $16.431B vs est. $14.000B.

• Revolving credit rose $2B to $999.8B. Revolving credit includes credit card and other credit that can fluctuate to the consumer on a MoM basis. YoY it has risen 2.4%
• Non revolving credit rose $14.5B to $2.806 trillion. YoY the non-revolving credit has increased by 6.2%.
• Non revolving lending to consumers from the government (i.e. student loans) rose to $1.086 trillion on a non seasonal adjusted basis