FX.co ★ US Consumer Credit Jumps in July, Beats Forecasts

In July 2025, total consumer credit in the United States rose by $16.01 billion, a significant increase from the revised $9.61 billion recorded in June and surpassing market forecasts of a $10.1 billion rise. Revolving credit experienced an annual growth rate of 9.7%, while nonrevolving credit saw an increase of 1.8% annually. In total, consumer credit expanded at a seasonally adjusted annual rate of 3.8% for the month.