Consumer Credit Down 7.5 Percent in April 2009

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s