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U.S. Bank-held Consumer Credit on the Rise
Author:
Walter Kurtz
Location: Tokyo
Date: 2014-06-17
Bank-held consumer credit in the US continues to rise. It's impossible to tell from this weekly data what portion is credit cards debt vs. auto and other. This of course does not include any new student loans, which are all held by the federal government. With wage growth remaining tepid, the consumer is starting to put on some leverage.
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