U.S. Credit Card Debt Sets a New Record Above $1 Trillion in Early 2017
U.S. consumer revolving credit for February, mostly credit card debt, topped the $1 trillion record set in December, growing at a solid clip annually. While climbing steadily throughout 2016, consumer credit increased at a 3.5% annual rate of growth in February, compared to a revised -3.2% annual rate in January and a revised +3.1% annual…
