Consumer credit up in the US
(MENAFN) The consumer credit in the US went up by an annual rate of 5.4 percent in August, up from an increase of 4.1 percent in the month before it, Xinhua reported.
Consumer borrowing in the country went up to USD3.0369 trillion in August, increasing from USD3.0223 trillion in July.
Revolving loans decreased 1.2 percent from July to register USD848.9 billion in August, while non-revolving loans increased 8 percent to USD2.1880 trillion.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Comments
No comment