CreditCardBubble.com

The Federal Reserve publishes current data on the status of what they call “Consumer Credit”. The BIG picture is not improving. This month’s report states, “Consumer credit increased at an annual rate of 3-1/4 percent in January”. It continues, “revolving credit increased at an annual rate of 7 percent.” The full release is here: Federal Reserve Consumer Credit Report

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This entry was posted on Monday, March 24th, 2008 at 4:47 pm and is filed under Debt Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.