U.S. consumer credit expanded in February 2026, with total borrowing rising to $9.48 billion, up from $7.67 billion recorded in January 2026. The latest figures point to a pickup in consumer borrowing momentum after a slower start to the year.
The increase suggests that American households took on more credit in February, which can signal stronger consumer demand and spending activity. January’s lower reading of $7.67 billion now appears more like a temporary moderation rather than the start of a prolonged slowdown.
The updated consumer credit data, released on 7 April 2026, will be closely watched by markets and policymakers as they assess the strength and sustainability of U.S. consumer-driven growth heading into the spring.
