US November 2019 consumer credit outstanding
- Prior was $18.908B (revised to $18.976B)
- Non-revolving credit +$14.95B vs +$11.06B prior
- Revolving credit +$2.435B vs +$7.9B prior
Revolving credit is generally credit card loans and it looks like Americans curbed credit card spending ahead of the holidays. Or that could be because Black Friday was so late in the month and it won't show up until December.
