A Note On Revolving Credit Estimates

Michael M. Chernousov, Jessica N. Flagg, Simona Hannon, Alice Henriques Volz, Virginia Lewis and Suzanna Stephens
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Alice Henriques Volz: https://www.federalreserve.gov/econres/alice-henriques-volz.htm

No 2024-06-14-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Revolving credit represents a notable share of consumer debt and is an important part of house- hold balance sheets. At the end of 2023, revolving credit was measured at over $1.3 trillion in the Z.1 Statistical Release, "Financial Accounts of the United States," and accounted for more than 25 per- cent of total consumer credit.

Date: 2024-06-14
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2024-06-14-1

DOI: 10.17016/2380-7172.3526

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