Sentences with phrase «consumer credit outstanding»

This is the fourth consecutive monthly increase in consumer credit outstanding and the second consecutive month that the monthly increase has risen.

The total amount of consumer credit outstanding continues to climb.

The increase in total consumer credit outstanding partly reflected an expansion in the outstanding amount of... Read More»

According to the Federal Reserve Board's G. 19 Consumer Credit report, the total amount of consumer credit outstanding rose by 5.2 percent (SAAR) over the 1st quarter of 2017, 2.4 percentage points less than the 6.6 percent rate of growth in the 4th quarter of 2016.

The month - over-month increase in consumer credit outstanding reflected acceleration in the growth of both revolving and non-revolving credit.

According to the release, the amount of consumer credit outstanding increased at a seasonally adjusted annual rate of 4.7 percent in April, 1.1 percentage points higher than the 3.6 percent growth in consumer credit that took place in March.

The Federal Reserve Board reported that the total amount of consumer credit outstanding grew by a seasonally adjusted annual rate of 8.3 % to $ 2.8 trillion in May, as debt associated with student and car loans, as well as credit card debt rose.

Consumer credit outstanding now totals $ 3.8 trillion.

The expansion of total consumer credit outstanding partly reflected an increase in the outstanding amount of non-revolving consumer credit.

The Federal Reserve reported Tuesday that consumer credit outstanding surged in December at a 9.3 percent annual rate, thanks mostly to strong car sales and growing demand for student loans.

As you can see, since 1994 the growth in nominal retail sales on a year over year basis has been in a downtrend, while the level of consumer credit outstanding as been in a steady uptrend.

Moreover, the slowdown in growth of consumer credit outstanding resulted from the deceleration in revolving credit outstanding.

The increase in total consumer credit outstanding also reflected an expansion in revolving credit outstanding.

Although the holdings of depository institutions are split roughly evenly between non-revolving and revolving credit outstanding, the vast majority of consumer credit outstanding held by finance companies is non-revolving credit.

According to the most recent release by the Federal Reserve Board, the total amount of consumer credit outstanding expanded by seasonally adjusted annual rate of 7.8 % in February to a seasonally adjusted level of $ 2.8 trillion.

The larger role played by non-revolving credit relative to revolving credit in the growth of total consumer credit outstanding over the month of February is consistent with the trend since July 2010.

As Chart 1 illustrates, growth in total consumer credit outstanding since July 2010 has largely reflected a widening of non-revolving credit as opposed to an increase in revolving credit.

During the 2000 to 2005 period, growth in consumer credit outstanding largely reflected the $ 532.4 billion increase in non-revolving credit.

However, the growth in consumer credit outstanding recorded in July was 0.7 percentage points less than the 5.1 % growth rate recorded in June and 2.4 percentage points less than the 6.8 % growth rate recorded in May.

The Federal Reserve Board reported that consumer credit outstanding rose at a seasonally adjusted annual rate of 5.0 % in September to $ 2.7 trillion.

According to the Federal Reserve's G. 19 survey, consumer credit outstanding grew at a seasonally adjusted annual rate of 4.4 % and now stands at $ 2.9 trillion.

Consumer credit outstanding now totals $ 3.401 trillion.

According to the release, the amount of consumer credit outstanding increased at a seasonally adjusted annual rate of 4.7 % in April, 1.1 percentage points higher than the 3.6 % growth in consumer credit that took place in March.

Recent patterns in consumer credit outstanding reflect a recession - recovery cycle: declining debt associated with discretionary purchases (e.g., credit cards and auto loans) and increases in student loans as students postpone entering the workforce and workers retool their skills in a depressed economy.

«The drop in the participation rate has been centered on younger workers,» said Mr. Shapiro, «many of whom have given up hope of finding a decent job and are instead continuing in school and racking up enormous amounts of student debt, which has contributed to the recent surge in consumer credit outstanding.»

The increase in the amount of consumer credit outstanding reflects an expansion in both the outstanding amounts of non-revolving credit and revolving credit.

At the end of April the total amount of consumer credit outstanding was $ 2.8 trillion.

According to the Federal Reserve Board, growth in the amount of consumer credit outstanding, this includes outstanding credit extended to individuals for household, family, and other personal expenditures, excluding loans secured by real estate, accelerated in April.

The Federal Reserve Board recently reported that consumer credit outstanding rose by a seasonally adjusted annual rate of 5.7 percent, $ 193.0 billion, in May 2015, slower than the 7.6 percent rate of growth recorded in April 2015.

Since reaching a trough in July 2010, consumer credit outstanding has grown by 17.2 % or $ 410.1 billion.

The over-the-month increase in consumer credit outstanding, which excludes real estate secured loans such as mortgages and home equity lines of credit, reflected a 9.2 % rise in non-revolving credit outstanding, 0.1 percentage point higher than the growth rate observed in August.

This is the eighteenth consecutive monthly increase in consumer credit outstanding.

Since September 2010, consumer credit outstanding has resumed its upward trajectory.

In the 27 months that followed, the $ 160.2 billion contraction in revolving credit outstanding largely accounted for the $ 184.4 billion decrease in consumer credit outstanding.

Consumer credit outstanding is now 7.0 % above its pre-recession level and 6.0 % above its July 2008 level.

However, following November 2010, the increase in consumer credit outstanding is the result of a $ 206.7 billion increase in non-revolving credit outstanding, while revolving credit remained generally flat.

Consumer credit outstanding grew by a seasonally adjusted annual rate of 7.5 %, $ 257.7 billion, in the third quarter of 2015, 1.0 percentage point slower than the 8.5 % rate of growth recorded in the second quarter of 2015.

Over this period, the total amount of consumer credit outstanding has widened by 8.9 % or $ 228.2 billion.

Over the last two years, consumer credit outstanding has grown by $ 338.3 billion.

Prior to a two - year decline that began in August 2008, consumer credit outstanding had experienced a long period of steady growth.

Between January 2000 and July 2008, consumer credit outstanding had expanded by 67.9 % to $ 2.6 trillion.

It also contributed to the decline in consumer credit outstanding in the two year period between August 2008 and September 2010.

The over-the-month increase in consumer credit outstanding, which excludes real estate secured loans such as mortgages and home equity lines of credit, reflected a 9.2 % rise in non-revolving credit, such as auto and student loans.

In April, consumer credit outstanding rose by 4.6 %.

According to the Federal Reserve Board, consumer credit outstanding, which is composed of credit not secured by real estate, expanded at a seasonally adjusted annual rate of 7.0 % to $ 2.8 trillion in November.

Following a 0.8 % decline in July, consumer credit outstanding rose by 8.4 % in August, 5.3 % in September, 6.2 % in October, and 7.0 % in November.