(Reuters) - The May jump was back on the pace of March's increase of $12.94 billion. April's gain was much smaller at a revised $2.29 billion, initially reported as a $2.60 billion increase.
May revolving credit, made up of credit and charge card debt, rose $7.25 billion, or at a 9.8 percent rate, to $894.80 billion, marking the biggest increase since November 2006.
Read more at Reuters.com Business News
May revolving credit, made up of credit and charge card debt, rose $7.25 billion, or at a 9.8 percent rate, to $894.80 billion, marking the biggest increase since November 2006.
Read more at Reuters.com Business News
No comments:
Post a Comment