Fed: Consumer Borrowing Rises 6.5% In June

August 2007
ISO & Agent Weekly;8/9/2007, Vol. 3 Issue 26, p12
Trade Publication
The article reports on the Consumer Credit survey released by the U.S. Federal Reserve Board revealing that consumer credit outstanding rose at a seasonally annual rate of about 6.5 percent for June 2007. Total consumer credit outstanding listed to be approximately $2.46 trillion where revolving credit has been stated to be at about $903.9 billion.


Related Articles

  • Credit Outstanding Among Consumers Grew 3.3% In January.  // ISO & Agent Weekly;3/13/2008, Vol. 4 Issue 9, p10 

    The article reports on the increase in consumer credit outstanding in the U.S. in January 2008 based on the monthly Consumer Credit Survey conducted by the Federal Reserve Board. The increase can be attributed to the 7% increase in borrowing on revolving accounts which consist of credit cards....

  • Consumer Credit Down Record $7.204B in Oct. Ackerman, Andrew // Bond Buyer;12/8/2005, Vol. 354 Issue 32274, p2 

    This article focuses on a report released by the U.S. Federal Reserve Board which shows that borrowing by Americans fell at an annualized rate of 3.99%, or about $7.204 billion, in October 2005, the largest-ever numerical decline in overall consumer credit. The 3.99% fall brought consumer credit...

  • CONSUMER BORROWING FALLS INTO NEGATIVE TERRITORY.  // CardLine;12/15/2006, Vol. 6 Issue 50, p1 

    The article reports on the decline of consumer credit as of the third quarter of 2006. According to the U.S. Federal Reserve Board's monthly Consumer Credit survey, it has decreased at an annual rate of 0.6% in October 2006, following an upward-revised increase of 5.75% in the third quarter. The...

  • Revolving Credit In May Declines For 20th Consecutive Month. Fitzgerald, Kate // CardLine;7/16/2010, Vol. 10 Issue 28, p23 

    The article discusses the Federal Reserve G.19 report on consumer credit. The report states that revolving credit in the U.S., 98% of which is credit card debt, in May fell 0.9%, to 830.8 billion dollar from a revised total of 838.2 billion dollar in April. It has been stated that consumers have...

  • Consumer Credit Climbed 0.3% in July.  // American Banker;9/11/2007, Vol. 172 Issue 175, p18 

    The author reports that consumer borrowing increased 0.3% in July 2007, compared to June 2007. According to a report by the U.S. Federal Reserve Board, outstanding credit card debt increased to $2.4 trillion in July 2007. Revolving and nonrevolving credit also grew in this same time period....

  • Revolving Consumer Debt Down.  // American Banker;4/13/2009, Vol. 174 Issue 69, p6 

    The article reports on consumer debt. A report by the Federal Reserve Board found that revolving consumer debt, which excludes real estate secured loans, fell by 9.7% in February 2009. Also stated in the report is that seasonally adjusted consumer credit outstanding dropped at an annual rate of...

  • Taking Credit.  // Journal of Financial Planning;Sep2002, Vol. 15 Issue 9, p31 

    This section presents the 2001 statistics on U.S. consumer credit, released by the U.S. Federal Reserve Board.

  • REVOLVING CREDIT DOWN IN AUGUST.  // CardLine;10/16/2009, Vol. 9 Issue 42, p12 

    The article presents information on a U.S. Federal Reserve G.19 report on consumer credit released recently. According to the report, U.S. revolving credit, 98% of which is credit card debt, decreased by 1.09% in August 2009, to 899.4 billion dollars. The report states that total seasonally...

  • CREDIT CARD USE DECLINES, BORROWING PACE SLOWS IN APRIL.  // CardLine;6/15/2007, Vol. 7 Issue 24, p5 

    The article focuses on the U.S. Federal Reserve Board's monthly Consumer Credit survey which reported that consumer credit outstanding rose at an annual rate of 1.3 percent in April 2007. That compares with a 7.0 percent annual growth rate in March and an average of 4.7 percent growth during the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics