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IPFS News Link • Economy - Economics USA

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

• https://mishtalk.com by Mish

The Fed's Consumer Credit Report for November shows lots of new records. 

New Records

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.

Consumer Credit in Billions Seasonally Adjusted 

Consumer Credit Billions Seasonally Adjusted 2021-11