Consumer Credit Down 7.5 Percent in April 2009
Posted by Gregg Killoren on June 7, 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.
