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December 2015 Consumer Credit Rate of Growth Nearly the Same As Last Month
Saturday, February 6, 2016 6:26
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Written by Steven Hansen
The headlines say consumer credit rate of growth surged – and came in well above market expectations. Our analysis shows year-over-year consumer credit growth rate was similar to last month with little change in the rate of growth. However, revolving credit’s rate of growth is increasing, but is being offset by decline in non-revolving credit.
Source: http://econintersect.com/pages/releases/release.php?post=201602060640
