According to a statistical release from the Fed, consumer credit decreased at an annual rate of 7.5 percent in April 2009. Revolving credit decreased at an annual rate of 11 percent,and nonrevolving credit decreased at an annual rate of 5.25 percent. Please click on the “Consumer Credit Statistics” page on the menu bar for detailed information.
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Flickr Photos
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Authors and Contributors
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Gregg D. Killoren
- U.S. New Home Sales +3.3% in April 2012
- U.S. Purchase Mortgage Applications Lose Momentum (-3.0%) in Week Ended May 18, 2012
- U.S. Existing Home Sales +3.4% in April 2012, Prices Rise: NAR
- U.S. Economic Activity Perked Up in April 2012: Chicago Fed Survey
- U.S. High-Yield Default Rate Expected to Top 2% in May 2012, Highest Since October 2010: Fitch
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victoria1014
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