Federal Reserve Consumer Credit Report

“The Tenth District Consumer Credit Report summarizes consumer credit trends in the Tenth District and compares conditions to the nation and across states. State consumer credit reports are published quarterly.”

  • “Nationwide, consumer spending has played a significant role in the modest gains in U.S. output growth in recent quarters, while personal income has remained relatively flat, suggesting that recent spending has come, at least in part, from reduced saving or debt. Tenth District numbers are consistent with this trend. Revolving debt in the Tenth District, which includes open lines of credit like credit cards and home equity lines of credit, declined moderately to about $5,570, down from $5,680 in the second quarter. Revolving debt in the United States as a whole also declined.”
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