Consumer credit grew less quickly than expected in August in the United States, against the backdrop of the spread of the delta variant of the coronavirus, which has discouraged certain commercial initiatives. The amount of loans granted increased by $ 14.4 billion compared to July, to reach $ 4.346.8 billion, against + $ 18 billion expected by the consensus, and after + $ 17.3 billion in July, and + $ 38 billion in June.
On an annual basis, consumer credit rose 4% in August, its smallest increase since January across the Atlantic, said the Federal Reserve, which released this indicator on Thursday.
Revolving credits (including credit cards) increased by $ 2.9 billion in August (to $ 1.001.6 billion) while non-revolving credits (including car loans and student loans) increased by $ 11.39 billion, to reach $ 3.345.3 billion.
Note that these figures do not include mortgage loans, which represent the largest share of loans taken out by Americans.
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