In Absolute and Percentage Terms, Consumer Credit Jumps the Most Ever

Link:https://mishtalk.com/economics/in-absolute-and-percentage-terms-consumer-credit-jumps-the-most-ever

Graphic:

Excerpt:

The monthly credit increase of $39.99 billion was the biggest jump ever. 

Revolving credit surged by $19.84 billion, the most ever.

The month-over-month percentages rose by the most ever.

New outstanding total in nonrevolving credit.

Author(s): Mike Shedlock

Publication Date: 8 Jan 2022

Publication Site: Mish Talk