- Consumer credit increased by $28.9 billion in September, up from a $16.0 billion increase in August. The Briefing.com consensus expected consumer credit to increase by $18.0 billion.
- Revolving credit increased by $6.7 billion in September to $925.2 billion. that was the seventh straight monthly increase in revolving credit.
- Nonrevolving credit increased by $22.2 billion to $2,574.0 billion. That was the biggest jump in nonrevolving credit since July 2011.
- Consumer credit has increased by an average of $19.3 billion each month over the past 12 months with strong demand for student loans and auto loans helping to drive the uptick.