In December, the growth of both revolving and nonrevolving credit slowed markedly. Credit card plan All accounts 15.63 15.77 15.71 15.21 15.71 15.13 15.47 15.39 15.98 15.99 n.a. This release is issued around the fifth business day of each month.
Footnotes appear on reverse.
The level of consumer credit outstanding in October and its revolving and nonrevolving components include previously unreported assets, and thus represent breaks in these series. All relevant growth rates are adjusted to exclude these previously unreported assets. Percent changes calculated from unrounded data. Comprises automobile loans and all other loans not included in revolving credit, such as loans for mobile homes, trailers, or vacations. These loans may be secured or unsecured.