June consumer credit data are out.
Total credit expanded by $US13.82 billion to $US2.85 trillion in June, shy of forecasts for a $US15.0 billion rise.
Revolving credit — credit cards and the like — fell $US2.7 billion to $US853.6 billion.
Nonrevolving credit — auto loans, student loans, and the like — rose by $US16.5 billion to $US1.99 trillion in total.
May consumer credit growth was revised down to $US17.54 billion from $US19.62 billion.