The growth in consumer credit in the United States experienced a noticeable deceleration in October 2025. According to the latest data updated on December 5, the consumer credit indicator shrank to $9.18 billion, down from $11.01 billion in September.
This slowdown reflects a broader hesitance among consumers, which experts attribute to ongoing economic uncertainties. The October figure represents a significant pullback as individuals and households seem to exercise greater caution in borrowing amid rising interest rates and inflationary pressures impacting purchasing power.
Analysts suggest that this trend could be indicative of a shift in consumer behavior as economic forecasts remain unclear and the financial landscape becomes more challenging. This deceleration in consumer credit expansion will likely be an area of focus for policymakers aiming to stabilize economic growth in the forthcoming months.