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US November consumer credit outstanding +27.96B vs +25.0B expected

US November consumer credit outstanding +27.96B vs +25.0B expected

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Adam Button
09/01/2023 | 20:02 GMT
  • Monthly US consumer credit growth data
  • Prior was +27.08B (revised to $29.12B)

This data point is often ignored but this is a strong indication that Americans are continuing to consumer and banks are continuing to lend.

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