FX.co ★ US Consumer Credit Growth Misses Expectations in May

In May 2025, the overall consumer credit in the United States increased by $5.1 billion. This marks a significant slowdown compared to the $10.17 billion rise recorded in April and was considerably less than the anticipated growth of $11 billion by market analysts. Revolving credit, encompassing credit card debt, experienced an annual growth rate of 3.2%, signifying a moderate strength in consumer expenditure. Meanwhile, nonrevolving credit, which includes auto and student loans, expanded at an annual rate of 2.8%, indicating sustained but moderate demand for longer-term loans.