US consumers continue to recover from their debt splurge at the end of last year. Combined with still weaker income growth, the Federal Reserve estimates that aggregate revolving credit balances grew only marginally for the fourth straight month in April 2018. To put it in perspective, the total for revolving credit (seasonally adjusted) is up…
The post Recent Concerning Consumer Credit Trends Carry On Into April was originally published at The Wall Street Examiner. Follow the money!