Released: On the fifth business day of the month data for two months prior is released.
Description: This indicator is a measure of consumer spending through acquisition of debt. Periods of strong spending growth can be accompanied by either strong or weak credit growth. When released Consumer Credit is split into three categories: auto, revolving and other. Due to the lack of a direct correlation to spending growth and a release date after other consumer spending indicators, Consumer Credit is often overlooked as a significant market moving indicator.
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