April Consumer Credit - Business Insider

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April Consumer Credit - Business Insider Jun 7th 2012, 18:54 Flickr / josemanuelerre ORIGINAL UPDATE: One of our favorite datapoints coming out: April consumer credit comes out at 3:00 PM ET. Analysts expect $11 billion worth of new credit, down from $21 billion.worth last month. We'll have the number here LIVE. UPDATE: It's a miss! Consumer credit only grew $6.5 billion in April. That's well below expectations of $11 billion. Furthermore, the month before was revised down from a gain of $21.3 billion to $12.3 billion. MORE: The full report is here, and one thing that stands out is that revolving credit actually shrunk. Overall, a pretty punk report.

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