US June consumer credit outstanding +$8.93 billion vs +$10.0 billion expected

  • US consumer credit rises
Credit card spending
  • Prior was +11.35B (revised to +13.95B)
  • Revolving -1.5%
  • Non-revolving +3.4%

Jamie Dimon was out today saying that credit card delinquencies were stabilizing and that he was optimistic about the consumer.

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