8 May 2026, 00:38 USA: Consumer Credit Growth Beats Forecasts.
Total US consumer credit increased by $24.9 billion in March 2026, following a downwardly revised $8.85 billion rise in the previous month and well above forecasts of a $12.5 billion increase. Revolving credit, which includes credit card debt, rose to $1.34 trillion from $1.33 trillion in February. Meanwhile, nonrevolving credit, including auto and student loans, increased to $3.80 trillion from $3.79 trillion in the prior month.
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