In the above chart, nonrevolving government is not seasonally adjusted, the rest of the numbers are.
The Federal Reserve Consumer Credit Report for August shows seasonally-adjusted rise in credit of $14.4 billion.
Seasonally Adjusted Consumer Credit Details
- Total Credit: +14.4 Billion
- Revolving Credit: +3.0 Billion
- Nonrevolving Credit: +11.4 Billion
Not Adjusted Consumer Credit Details
- Total Credit: +40.7 Billion
- Revolving Credit: +9.5 Billion
- Nonrevolving Credit: +31.1 Billion
- Nonrevolving Government: +14.5 Billion
Nonrevolving government credit is a subset of nonrevolving. It includes student debt. Nearly half of the rise in nonrevolving credit was student debt.
- Why Are Large Groups Of Animals, Insects And Birds Suddenly Walking In Circles All Over The Globe?
- Kim Dotcom: We are heading either into nuclear war or a global depression while having fun on Twitter. We are the musicians on the Titanic
- Edward Snowden: “The most important video of the year was filmed in 1983.”
- China may have ‘passed the point of no return’ as Covid infections soar. Government has changed all protestors Covid QR codes to RED. Effectively locking them down.
- Confirmed: Hundreds of Israeli Spies Working for Big Tech in America
- The Most Disgusting Country In All Of Europe
- Elon Musk Offers Full Amnesty After Joneslash
- “Died Suddenly” is an Amazing Documentary on the Coronavirus Vax
- The Elites Are Showing You the Middle Finger Again
- US tightening to date continues to ripple through money and credit in an orderly sequence. Bank lending – the next shoe to drop. Michael Burry is now positioned for a crash. Expect a collapse of “everything” within the next four months?