US Consumer Credit Surpasses Expectations in December
The figures indicate that total consumer credit reached $5.11 trillion by the end of last year. Analysts had anticipated a more modest increase of $9 billion.
Breaking down the growth, revolving credit, which includes credit cards, rose by $13.9 billion. Meanwhile, non-revolving credit, encompassing home, auto, and student loans, advanced by $10.2 billion.
On an annualized basis, consumer credit grew by 5.7% in December 2025. Within this, revolving credit expanded by 12.6%, whereas non-revolving credit increased by 3.2%.
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