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Economic Data Brief |
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Growth & spending
Consumer Credit (G.19) — August 2026
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| Total consumer credit outstanding rose 0.2% in August 2026 to $5,196.8B, +2.7% from a year ago. Prior month: $5,188.5B. Prior periods were revised in 22 series — figures below reflect that. | |
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Total credit
$5,196.8B
▲ +0.2% m/m
· +2.7% y/y
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Revolving
$1,352.4B
▼ −0.4% m/m
· +3.4% y/y
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Nonrevolving
$3,844.4B
▲ +0.3% m/m
· +2.5% y/y
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| Revision check| REVISIONS DETECTED (22) — since last report. Every change below is calculated on the revised figures. | | Total credit growth · May 2026 | 0.5% | → | 0.7% | ▲ +0.2 pp | | Nonrevolving credit growth · May 2026 | 1.3% | → | 1.6% | ▲ +0.3 pp | | Nonrevolving credit growth · April 2026 | 2.7% | → | 3.0% | ▲ +0.3 pp | | Nonrevolving credit growth · June 2026 | 2.5% | → | 2.7% | ▲ +0.2 pp | | Total credit growth · June 2026 | 3.4% | → | 3.6% | ▲ +0.2 pp | | Total credit growth · April 2026 | 4.7% | → | 4.9% | ▲ +0.2 pp | | Nonrevolving credit growth · July 2026 | 4.8% | → | 4.7% | ▼ −0.1 pp | | Total credit growth · July 2026 | 4.2% | → | 4.1% | ▼ −0.1 pp | | Revolving credit growth · July 2026 | 2.5% | → | 2.5% | ▼ 0.0 pp | | Nonrevolving credit growth · March 2026 | 3.2% | → | 3.2% | ▼ 0.0 pp | | Nonrevolving credit (auto and student loans) · June 2026 | $3,813.7B | → | $3,816.3B | ▲ +$2.6B | | Nonrevolving credit (auto and student loans) · July 2026 | $3,829.0B | → | $3,831.3B | ▲ +$2.3B | | Total consumer credit outstanding · June 2026 | $5,168.1B | → | $5,170.8B | ▲ +$2.6B | | Nonrevolving credit (auto and student loans) · May 2026 | $3,805.9B | → | $3,807.7B | ▲ +$1.8B | | and 8 more smaller revisions (all of them are applied to the figures below). |
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Key figures| Headline → | August 2026 | July 2026 | M/M chg | M/M % | Y/Y chg | Y/Y % | 12-period trend |
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| Total consumer credit outstandingREVISED millions of dollars, SA — excludes mortgages | $5,196.8B | $5,188.5B | ▲ +$8.3B | ▲ +0.2% | ▲ +$138.2B | ▲ +2.7% | | | Revolving credit (credit cards)REVISED | $1,352.4B | $1,357.2B | ▼ −$4.8B | ▼ −0.4% | ▲ +$44.1B | ▲ +3.4% | | | Nonrevolving credit (auto and student loans)REVISED | $3,844.4B | $3,831.3B | ▲ +$13.1B | ▲ +0.3% | ▲ +$94.1B | ▲ +2.5% | | | Trend bars show year-over-year % change over the last 13 periods; the latest period is highlighted. |
| Growth rates → | August 2026 | July 2026 | M/M chg | M/M % | Y/Y chg | Y/Y % | 12-period trend |
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| Total credit growthREVISED SAAR — the pace, not the level | 1.9% | 4.1% | ▼ −2.2 pp | — | ▲ +1.3 pp | — | | | Revolving credit growthREVISED | −4.2% | 2.5% | ▼ −6.7 pp | — | ▼ −2.4 pp | — | | | Nonrevolving credit growthREVISED | 4.1% | 4.7% | ▼ −0.6 pp | — | ▲ +2.6 pp | — | | | Trend bars show the level over the last 13 periods; the latest period is highlighted. |
What stood out- Revolving credit growth: lowest since November 2024 (21 months).
- The 0.4% monthly drop in Revolving credit (credit cards) is the biggest since March 2025.
Sources |
Economic Impact Group, LLC
Economic research for developing communities
Prepared 2026-10-07 19:03 UTC. Green marks an
increase, red a decrease — direction only, not good or bad.
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