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U.S. Consumer Lending Increases $20.7B in April, Beating Forecast and Posting Strongest Two-Month Gain Since Late 2022

2026-06-05 20:29:11

According to the Federal Reserve, U.S. consumer lending increased by $20.7 billion in April, surpassing the expected $17.7 billion and marking the strongest consecutive two-month gain since late 2022. The report, released Friday, showed non-revolving credit such as auto and student loans rose $9.1 billion, while revolving credit including credit card balances increased $11.6 billion. The data excludes mortgage lending.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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