facebook
twitter
rss
account
search
search
 

Consumer credit rose in December

Feb. 7, 2012 at 7:15 PM   |   Comments

WASHINGTON, Feb. 7 (UPI) -- Consumer borrowing rose by $20 billion in December to $2.49 trillion, the U.S. Federal Reserve said Tuesday.

The Fed said non-revolving credit, which includes auto loans, personal loans and student loans, rose from $1.68 trillion in November to $1.69 trillion in December. Revolving credit, which includes lines of credit and credit cards, increased from $7.9 billion to 8 billion, the Fed said.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
U.S. Air Force orders more RQ-4 Global Hawks U.S. Air Force orders more RQ-4 Global Hawks
2
Hotel chain suspending sponsorship of Minnesota Vikings Hotel chain suspending sponsorship of Minnesota Vikings
3
Talon rocket in full-rate production for UAE Talon rocket in full-rate production for UAE
4
EU, Kiev, Moscow gas talks suspended EU, Kiev, Moscow gas talks suspended
5
Cover Girl ads photoshopped to protest NFL's Roger Goodell Cover Girl ads photoshopped to protest NFL's Roger Goodell
Trending News
Video
x
Feedback