Consumer Credit February 2009

posted by Nima

April 8, 2009 · Posted in General Economics 

total-consumer-credit-us-feb-2009
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From January to February 2009 consumer credit outstanding in the US has dropped by $27.5 billion or 1.1%. This is the largest monthly drop since January 1998.

This is just the beginning of a massive unwinding of consumer credit and a corollary of The End of Consumerism.

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Related posts:

  1. Consumer Credit Drops – January 2009
  2. Consumer Credit – March 2009
  3. Consumer Credit July 2009 – 7th Monthly Contraction Straight
  4. Consumer Credit – July 2009 Release
  5. Consumer Credit – June 2009
  6. Consumer Credit – June 2009 – 6th Monthly Contraction Straight
  7. Consumer Credit Ditch
  8. Consumer Credit Volume Drops Again
  9. Consumer Credit in June 2010 – Contraction Continues
  10. Total US Credit & Loans – February 2010

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