U.S. Consumer Credit Grew in January by Least in Four Months

[gdale6]

U.S. consumer debt rose in January by the least in four months on a sharp slowdown in use of revolving products such as credit cards, Federal Reserve data showed Wednesday.

Highlights of Consumer Credit (January)

• Total credit rose $13.9b m/m (est. $17.7b gain) and follows a revised $19.2b Dec. gain (prev. $18.4b)
• Revolving credit outstanding rose $701m, least since Feb. 2015, after a $6.1b Dec. increase 
• Non-revolving debt outstanding climbed $13.2b after a $13.1b rise

https://www.bloomberg.com/news/articles/2018-03-07/u-s-consumer-credit-grew-in-january-by-least-in-f...

[Anonymous]

"...a strong jobs market and the tax cuts enacted in December are likely to support household spending in the first half of the year."

 The Good Times are Coming - "Mama" Cass Elliot. 

[silvius]

I wouldn't count on a consistently good stock market and economic environment over the next two years.  But maybe it will happen.