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U.S. October Consumer Credit fall short of expectations

Dec. 07, 2021 3:03 PM ETBy: SA News Team1 Comment

Woman using smart phone and credit card for online shopping in city cafe.

VioletaStoimenova/E+ via Getty Images

  • October Consumer Credit grew by $16.9B (M/M) vs. $30.3B consensus and $27.8B prior (revised from $29.9B).
  • Total outstanding consumer credit of $4.38T in October vs. $4.36T in the prior month.
  • Revolving credit of $1.02T, which includes credit

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