Discussion Paper

A Note On Revolving Credit Estimates

Abstract: Revolving credit represents a notable share of consumer debt and is an important part of house- hold balance sheets. At the end of 2023, revolving credit was measured at over $1.3 trillion in the Z.1 Statistical Release, "Financial Accounts of the United States," and accounted for more than 25 per- cent of total consumer credit.


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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2024-06-14

Number: 2024-06-14-1