Consumer Credit Up $4.4 Billion in May

Ferris, Craig T.
July 2006
Bond Buyer;7/11/2006, Vol. 357 Issue 34220, p2
Trade Publication
The article reports that borrowing rose at an annualized rate of 2.45 percent or $4.4 billion on May 2006. This brought consumer credit up to about $2.174 trillion and followed a revised increase of $9.3 billion in April 2006, which was initially reported as $10.6 billion. The revolving credit lines rose at an annualized rate of 9.91 percent or about $6.7 billion to $812.5 billion in May 2006.


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