Friday, 14 of December of 2018

Economics. Explained.  

Consumer Loans

December 3, 2018

Consumer loans rose 4.6% in October after having risen 1.3% in September (the purple bars).  Over the course of the past year consumer loans have climbed by 5.5% (in red).

Led by a pickup in both consumer lending activity and more rapid growth in commercial and industrial loans, total loan growth during the past year such loans has climbed 4.4%. That is a respectable pace without being excessive.

Stephen Slifer

NumberNomics

Charleston, SC


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