US July consumer credit +$23.3 vs +$16.0 expected

Author: Adam Button | Category: News

US consumers continue to borrow

  • Prior $14.6 (revised to $13.8)
  • Revolving credit +$10.0B
  • Non-revolving credit +$13.3B
That's a good sign for consumers that they're borrowing and spending but it's a lagging indicator from July.
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