There's One Big Piece Of Consumer Credit Data Coming Out Today...

There’s one big economic datapoint coming out today: Consumer credit for March.

Analysts expect $9.8 billion more in consumer credit, an acceleration from the $8.7 billion last month.

Much of this will be student loans. The question of revolving credit (credit cards) will be more interesting.

The number comes out at 2 PM ET.

Here’s a look at YOY change in consumer credit going back a long way.

chart

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

credit moneygame-us