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Consumer Credit in U.S. Rose Less Than Estimated in June

Inside A Wal-Mart Stores Inc. Location Ahead Of Black Friday
Photographer: Patrick T. Fallon/Bloomberg
Updated on

U.S. consumer debt rose less than estimated in June as revolving debt outstanding fell for the second time in four months, Federal Reserve figures showed Tuesday.

The drop in revolving debt, which includes credit cards, signals consumers took a breather after such borrowing in May jumped by the most in six months.