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The US consumer credit outstanding in February came in at +$22.33 billion much higher than the +$14.0 billion expected and from the +$12.02 billion last month. This was before the economic shutdown to the economy.

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February consumer credit data from the Federal Reserve

  • $22.33 billion Prior was +$12.02 billion
  • It fell a revised USD 2.4 billion in the previous month.
  • Non-revolving +$15.1 billion
  • Revolving +$7.23 billion

 

 

From The TradersCommunity Research Desk

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