Let the Buying Begin

Consumer credit takes off!
In Absolute and Percentage Terms, Consumer Credit Jumps the Most Ever

A consumer credit binge is underway, led by credit cards.

Revolving credit surged 23.39% in November, a new record.

Total credit surged 10.97%, a new record.


It is more important to see the numbers for the first quarter 2022. Christmas shopping online was at record highs.