7 June 2018 Slower Growth in Consumer Credit is a Correction, not a Warning

Ian Shepherdson (Chief Economist and Founder)6th Jun 2018 18:30U.S., Economic Monitor

We've been hearing a good deal about the slowdown in the rate of growth of consumer credit in recent months, and with the April data due for release today, it makes sense now to reiterate our view that the recent numbers are no cause for alarm.

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