Total U.S. consumer credit outstanding through April has increased to ~$3.76 trillion and is up about 6.2% year over year (3-month moving average). Revolving credit, which is mainly comprised of credit cards, is ~$0.96 trillion and up 6.3% from a year ago, while nonrevolving credit, which is installment credit such as student and auto loans, is ~$2.80 trillion and up 6.2%.

Federal government’s share of consumer credit holdings is now up to 28.8%.