Consumer Credit Rose $15.5B in Feb., Est. Gain at $12.5B

Consumer Credit rose $15.5 billion in February, versus consensus expectations calling for a gain of $12.5 billion expected on the Street.

UPDATE - More from the U.S. Fed:

In February, consumer credit increased at a seasonally adjusted annual rate of 5-1/2 percent. Revolving credit decreased at an annual rate of 5 percent, while nonrevolving credit increased at an annual rate of 9-1/2 percent.

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