Skip to content

Aggregate Balances of all Credit Cards in the U.S.

Consumer Debt

With spending up and debt down it can only mean that consumers are paying off their outstanding debt.  Credit card balances reflect a combination of revolving debt, which are the balances the consumers carry from billing period to billing period, and transactions, which are consumer purchases that get paid off right away.

Leave a Reply

Your email address will not be published. Required fields are marked *