Prior month revised lower to 28.384B
- Revolving credit rose 1.6B to 951.5b. This was the smallest gain in 3 months. Revolving debt is credit card and other revolving debt that increases and decreases over time.
- Non revolving credit rose 11.8 billion to $2.650 trillion
- nonrevolving lending to consumers by the federal government (mainly student loans) rose to $989.6 billion