Last month comes in at 13.396B vs 13.416 previous
The US Consumer debt for the month of May (it is July) came in at 18.55B vs 16B estimate. The gain represents a 6.2 annualized rate.
- Credit card and other revolving credit rose 2.4 billion to 953.3 billion. The annualized % Change is 3% vs 1.7% last month.
- Non revolving debt rose 16.2 billion to 2.67 trillion. This is a 7.3% annualized change up from 5.5% last month. Non-revolving lending to consumers by the federal government which is mainly student loans rose to 996.5 billion on a non-seasonally adjusted basis
