May Consumer Credit: +$5.1B (+2.5% annual rate) to $2.43T, vs. consensus of +$4B; April revised...

|By:, SA News Editor
May Consumer Credit: +$5.1B (+2.5% annual rate) to $2.43T, vs. consensus of +$4B; April revised to +$5.7B from +$6.3B. It's the eighth straight monthly increase after 20 months of contraction. Credit card debt rose $3.4B, or +5.1% annual rate, after falling for four straight months.