View: CHART OF THE DAY: Sequential Change In Revolving Consumer Credit -...
CHART OF THE DAY: Sequential Change In Revolving Consumer Credit -...
Consumer Credit
The latest reason not to worry about an imminent recession: credit is coming back.
The latest Fed consumer credit report shows a significant jump in revolving (AKA credit cards) consumer credit.
In fact, at over $8 billion, it's the biggest jump since the beginning of the financial crisis.
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