Disposable income is growing faster than credit card debt

CN
5 days ago

Disposable income is growing faster than credit card debt.

🔴 Disposable income growth = +5.4% YoY

🔵 Credit card + other revolver growth = +5.1% YoY

I don't know what's in the "other revolving plans" aspect of the credit card data. I've seen other sources for credit card "only" show growth of +4.8% YoY.

Either way, PDI growth > credit card growth.

Pass it on.


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