- Prior was +52.4B
- Revolving credit +20.3B (+19.6%)
- Non-revolving credit +17.7B (+7.1%)
Revolving credit is credit cards while non-revolving is generally auto and student loans. All indications are that consumers continue to spend. BofA and Morgan Stanley credit card data out this week shows it holding up, though in real terms the picture isn't as strong.
