YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Revolving credit debt drops for 3rd straight month

Posted online

The Federal Reserve reports revolving credit debt dropped for the third month in a row.

The debt was $996 billion in May, the latest month of data available.

That's the lowest amount since the $833 billion total in May 2011 amid the Great Recession.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Evergreen Hair House

Evergreen Hair House opened; the Ozark Chamber of Commerce moved to a new home; and Dirk’s Tavern LLC got its start on C-Street.

Most Read
Update cookies preferences